Swegon: New Air Conditioning Solutions and Increased Sales

Presence at the Major Spring Exhibitions - ISH in Frankfurt and Climatizacion in Madrid - Swegon Presented Increased Sales and a New, Powerful air Conditioning Solution

Mar 28, 2011, 10:00 ET from Swegon AB

GOTHENBURG, Sweden, March 28, 2011 /PRNewswire/ -- Swegon has come through the global economic crisis unscathed and posted a small profit for 2010. "The 2010 revenues show growth from 2080 million kr (EUR 233.1 million) in 2009 to 2153 million kr (EUR 241.3 million) in 2010 and we were able to grow our market share in many countries," summarised Orjan Ahlgren, CFO of Swegon AB, at the ISH Aircontec exhibition in Frankfurt. He added: "It is particularly pleasing for us that Swegon recorded significant growth in established markets. For example, sales in Germany and France each grew by around 30% in 2010."

Large orders such as the new head office of the Spanish bank BBVA in Madrid and the Waterfront project in Stockholm have contributed to the good results. "We have ambitious goals and 2011 is an important milestone," stated Ahlgren. "Following the purchase of the Blue Box Group last October, we are now expanding our product range to include refrigeration equipment and heat pumps." One area of focus for the Swedish company is the U.S. market, where the company was first active with a major project in Boston in 2008 and is now expanding its sales network significantly.

However, the Swedes want to continue to grow through innovation, even in Swegon's traditional product areas.

Thus, at the spring exhibitions, Climatizacion in Madrid and ISH Aircontec in Frankfurt, Swegon presented PACIFIC, its latest generation of active climate beams for suspended ceilings.

"We are known as a leader in water-based air conditioning systems. Our best seller, the four side comfort module PARASOL, has revolutionised the market since its launch in 2005," commented Jonas Akesson, product manager for water-based air conditioning systems at Swegon. "PACIFIC is a traditional dual climate beam that boasts innovative technology: Due to intensive research and development, we have achieved an extremely high performance for both cooling and heating, comprehensive flexibility and exceptional interior comfort. As a modular unit, the PACIFIC sets new standards in the dual climate beam product range," added Akesson.

The company has great expectations for its continued development in the water-based product range and expect high sales figures, particularly in southern Europe and the United States.

"The Swegon PACIFIC range should be successful in the U.S., where climate beam technology is currently experiencing an enormous breakthrough. Another focus for PACIFIC is southern Europe, where increased performance is required," said Akesson. He added: "Furthermore, we are also sure that central European and Scandinavian markets will be interested in the performance offered by PACIFIC."

More information about PACIFIC and Swegon is available at http://www.swegon.com

    For additional information and interview queries, please contact:

    Gonna Petersen
    Deputy Marketing Director
    Swegon AB
    PO Box 336
    40125 Gothenburg
    Phone +46-31-895804
    Mobile +46-739-178713
    Fax +46-31-899469

    Jan Schleifer
    jsk kommunikationsberatung
    Roonallee 17
    22926 Ahrensburg
    Phone +49-4102-69-19-13
    Mobile +49-170-80-55-101
    Fax +49-4102-697073