Heating and Ventilating

Daikin Europe NV announced a turnover of 1.9 billon euro, up from 1.5 billion in 2006 for financial year 2007.
Sales were strong for all four of its product groups (air conditioning, applied systems, heating and refrigeration), and across its four major sales areas.

Europe (including Turkey) was up 24% compared to the previous financial year, Russia plus the CIS countries was up 67%, the Middle East grew by 68% and Africa by 30%.

2007 saw the continued success of the Altherma energy efficient residential heating system, with the milestone of 10,000 units sold being surpassed in 2007.

Highlights also included the introduction of higher capacity Altherma models and the launch of an optional solar panel installation kit.

Growth in the heating segment was strongest in France, followed by Scandinavia and Spain.

Sales of commercial air conditioning systems experienced an overall growth of 25% over last year.