September 26, 2023

Case study: Improving product portfolio profitability for a HVAC equipment manufacturer

Alvarez & Marsal (A&M) was recently engaged by a leading European heating, ventilation and air-conditioning (HVAC) equipment manufacturer to provide visibility on EBITDA performance and 2023 outlook.

The HVAC market has recently faced a major shift in technologies, induced by energy transition. Traditional products (i.e., gas boiler) are replaced by low/no-emissions products (i.e., heat pumps). Momentum is mainly driven by state regulation and government subsidy programs. 
 

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Authors

Sebastien Bouyx

Director
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