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Airwell Group to see drop in 2024 turnover

The Airwell Group announces a turnover of 50.6 million euros for the year 2024. This performance represents a decrease of 22.1% compared to 2023, due to a sudden turnaround in the heat pump market.

In the fourth quarter of 2024, revenues amounted to €13.9 million, down 24.4% compared to the same period last year. In metropolitan France, the figure fell by 44.1% this quarter, while the French overseas territories showed a more moderate decline of 9.9%.

Internationally, results remained relatively stable, with only a slight decrease of 3.6%. The Group expects a return to growth in 2025, thanks to new products and a gradual market recovery.

R. P.

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