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Tag: Carel Group
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Carel reports positive 2020 financial results
The Carel Industries Board of Directors has released the company’s 2020 consolidated revenues. The Group’s consolidated revenues as of December 31, 2020, was €331.6m ($514m), which represents an increase of 1.3 per cent (plus 2.8 per cent at constant exchange rates). The consolidated EBITDA for the same comparative period is €65.2m ($101m) – an increase […]
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Carel Group announces six-month financial results
The Carel Group has released their revenues for the first six months of 2020. Consolidated revenues amounted to €161m ($265.3m), marking a decline of 3.6 per cent as compared to the first six months of 2019 (-3.1 per cent at equivalent exchange rates). Consolidated EBITDA of €30.9m ($50.5m) is also down by 8.4 per cent […]