Beijer Ref Achieves Record Cash Flow and Organic Growth in 2024
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Sweden: Beijer Ref, a leading global player in HVAC and cooling technology, concluded 2024 with a strong organic growth trend. Sales and EBITA, excluding items affecting comparability, both increased by 11%, with the EBITA margin reaching 10.6%. Operating cash flow hit a record SEK 3,464 million ($ 3.08 million). CEO Christopher Norbye stated, "During the full year 2024, the Group continued to perform well, and we conclude a year with a good organic growth trend." Throughout the year, the company integrated five new companies into its business, further strengthening its market position.
Source: Beijer