Ziehl-Abegg Revenue Exceeds EUR 1 Billion in 2025 Germany: Ziehl-Abegg reported preliminary results showing revenue exceeding EUR 1.0 billion (USD 1.08 billion) in 2025, compared with EUR 893 million (USD 1.05 billion) in the previous year. The increase represents year-on-year growth of more than 12 percent. The company’s global workforce rose to around 5,800 employees from 5,300. International markets contributed a growing share of revenue, with the United States accounting

Enpal Reports Growth in Customer Base and Revenue in 2025 Germany: Enpal reported an expansion of its customer base in 2025, serving more than 115,000 households across Germany and Italy. Revenue in the operating subgroup increased by 25 percent year on year to more than EUR 1.1 billion (USD 1.2 billion), compared with EUR 890 million (USD 1.05 billion) in the previous year. The company also recorded a positive free cash flow in the operating subgroup for the first time. Grow

Nigeria and Saudi Arabia Discuss Housing and Construction Cooperation Nigeria/Saudi Arabia: Nigeria and Saudi Arabia have held discussions to expand bilateral cooperation in housing development, construction technology and local building materials manufacturing, during meetings on the sidelines of the 2026 Real Estate Future Forum in Riyadh. Nigeria’s Minister of Housing and Urban Development, Ahmed Musa Dangiwa, met with Saudi Arabia’s Minister of Municipal and Rural Affairs

Canada’s Building Costs Rise at Slower Pace in Late 2025 Canada: Building construction costs in Canada continued to increase in the fourth quarter of 2025, although the rate of growth eased compared with earlier in the year, according to data from Statistics Canada. Residential construction costs rose 0.4 per cent quarter on quarter, while non-residential costs increased 0.5 per cent. On an annual basis, residential costs across the fifteen census metropolitan areas increased

Philippines Allocates Public Funds for Housing and Resettlement Projects Philippines: The Philippines’ Department of Public Works and Highways has directed its regional offices to work with the National Housing Authority to implement housing and resettlement projects for informal settlers with a total allocation of PHP 1,800 million (USD 32 million/EUR 29 million). Funded under the 2025 General Appropriations Act, the programme targets resettlement needs in Metro Manila, Cala

South Australia and Federal Government Commit Funding for New Housing Programme Australia: The South Australian and federal governments have announced a joint housing programme valued at AUD 800 million (USD 530 million, EUR 490 million), which aims to deliver around 17,000 new homes across the state. Of this total, close to 7,000 homes are intended for first-home buyers. The initiative forms part of a wider federal commitment to increase housing supply nationally and include

REHVA Submits Input on EU Heating Ecodesign and Energy Labelling Review Europe: REHVA has submitted a coordinated response to the European Commission’s consultations on proposed revisions to ecodesign requirements and energy labelling rules for space heaters and combination heaters. The contribution was prepared by the REHVA EU Policy Advisory Group and draws on the experience of HVAC engineers, designers, technical specialists and manufacturers across Europe. REHVA noted tha

Trane Technologies reports fourth-quarter and full-year 2025 financial results Ireland: Trane Technologies reported its financial results for the fourth quarter of 2025, showing year-on-year increases across several indicators. Organic bookings increased by twenty two percent compared with the fourth quarter of 2024, driven primarily by the Americas Commercial HVAC segment, which recorded growth of more than thirty five percent. The company reported a record backlog of USD 7.

A. O. Smith reports 2025 earnings and outlines 2026 outlook USA: A. O. Smith reported diluted earnings per share of USD 3.85 for 2025 and announced its financial guidance for 2026. Total sales for 2025 were USD 3.0 billion, reflecting a slight increase compared with 2024. Pricing related to water heaters, along with higher volumes in boilers and commercial water heaters, was largely offset by lower volumes in wholesale residential water heaters. Segment earnings in 2025 amoun

Kensa updates warranty terms for ground source heat pumps UK: Kensa has announced an update to its warranty offering for all ground source heat pumps sold from the first of February 2026. The revised warranty introduces clearer terms, extended coverage options, and includes parts and labour contribution as standard. The updated structure is intended to provide customers with defined warranty coverage over the operational life of their heat pump. Under the revised framework, c

Survey highlights 2026 home improvement intentions among U.S. homeowners USA: A survey released by Carrier indicates that home improvement remains a consideration for many homeowners in the United States as two thousand twenty six begins. According to the findings, fifty five percent of respondents reported that they are thinking about or interested in upgrading or remodelling their current home during the year. Heating and cooling system upgrades were identified as one of th

Blue Star reports Q3FY26 revenue and operating profit figures India: Blue Star reported its consolidated financial results for the third quarter of the financial year 2026, ended 31 December 2025. During the quarter, revenue growth was partly supported by the room air conditioner segment, as channel partners increased inventory ahead of the mandatory energy labelling transition scheduled to take effect from 1 January 2026. Revenue from operations for the quarter increased by