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LU-VE SpA announced a record order book of €233.7 million for fiscal year 2025, a 34.2% increase year-over-year, and an EBITDA margin of 14.7%. Despite a modest revenue growth of 2.8%, shares fell 1.46% to €37.00.

Q4 revenue was €165.2 million, a 9.6% increase from the previous year. The company's sales improved in the U.S. for data center and industrial cooling applications. Operational cash flow improved to €68.7 million, and net financial debt decreased to €72.7 million. LU-VE emphasized ongoing investments in automation and supply chain optimization while facing broader market caution.