Cold Link Africa November / December 2019 | Page 9

INTERNATIONAL NEWS
INCORPORATING COLD CHAIN
arel Group’s 2019 consolidated
revenues peaked at of
EUR166.9-million and showed
growth of 20.3%, compared to the first
six months of 2018.
“The revenues registered in the first six
months of 2019 mark a 20.3% increase
over the same period in 2018 with an
acceleration compared to the first
quarter of this year, which reported a
19.5% growth,” says Francesco Nalini,
Group CEO.
REVENUES
Revenues amounted to EUR166.9-
million, compared to EUR138.8-million
as at 30 June 2018. This performance,
an acceleration with respect to that
recorded in the first quarter of the year,
benefitted from a favourable trend in all
geographic areas (EMEA, Asia Pacific,
North America and South America) and
company’s strategic guidelines should
lead, at the end of the year, to growth
in all segments (HVAC and Refrigeration),
thanks to the combination of cross-selling
and up-selling initiatives with customers
already acquired.
The Europe, Middle East, Africa region
(EMEA) reported double-digit growth,
thanks to the continuous technological
innovation and sales strengthening
activities.
and profitability results close to the ones
posted as at 30 June 2019. CLA
BUSINESS OUTLOOK
The results registered as at 30 June 2019
signal further organic growth in revenues
both compared to the same period of
2018 and the first quarter of this year.
These performances are particularly
noteworthy if we consider that they
were registered in the presence of
major signs of a slowdown in the global
economy. In the absence of further
downturns in the international scenario,
the constant implementation of the
C
Carel Group sees profit growth
Carel Group sees revenue increase despite an economic slump.
Cold chain is top issue for pharma
T
emperature control is the hottest topic
in the life sciences and healthcare
supply chain, according to DHL.
Logistics supplier DHL Supply Chain
recently polled attendees at its Global
Life Sciences & Healthcare Conference in
Miami, and temperature control and the
cold chain emerged as the number-one
issue for over 75% of conference attendees.
“This has also been the number-one
issue for the last three years, confirming
just how critical logistics is to the life
sciences and healthcare industry. The
integrity of the product is everything
and maintaining, controlling, and
monitoring the temperature of products
through to their point of delivery –
wherever that may be – is where the
supply chain adds the most value for
many of our customers today and also
where it faces the greatest challenges
and complexity.
“Temperature-controlled products are
growing twice as fast as other products
in the pharma market. About 75% of
biopharma and up to 15% of all vaccines,
samples and diagnostic tools require
cold chain transportation. With the rise in
biopharma, the emergence of therapies
that require cryogenic conditions, and the
continued global growth of clinical trials,
particularly in emerging markets, the need
to invest in cold chain and temperature-
control solutions is sure to continue,” the
company says.
Other concerns in the top 10 included
supply-chain resilience; sustainability
and a green supply chain; network
optimisation and distribution-centre
consolidation and digitalisation of supply
chains and data analytics. CLA
REFERENCE:
1. www.globalcoldchainnews.com
Cooling sector well on its way to
carbon neutrality
O
n the way to carbon neutrality,
cooling is truly at the forefront of
global and EU solutions.
Recent developments on European
and international level make it clear
that cooling is no longer a ‘forgotten’
sector on the way towards carbon
neutrality. With demand set to grow
in the coming decades, and being
essential for health, fresh and safe
food, through to comfort and well-
being, cooling contributes to many
Sustainable Development Goals.
European Partnership for Energy and
the Environment (EPEE), the voice of the
heating and cooling industry in Europe,
is committed to provide and promote
sustainable solutions that are fit for the
future, demonstrating the industry’s
value to contribute to carbon neutrality.
Just recently at the UN Climate Action
Summit, EPEE – along with the activities of
the recently launched UN Environment
Programme’s Cool Coalition – published
COLD LINK AFRICA •
a pledge on the cooling industry’s
commitments on sustainable cooling.
A few days later, at the EU’s Research
and Innovation Days in Brussels, the
association had once again the
opportunity to emphasise its message.
On this occasion Andrea Voigt, EPEE’s
Director General, stated: “Cooling does
not suffer from a lack of innovation or
sustainable technologies. There are
many efficient and sustainable solutions
readily available that are only waiting to
be scaled up and deployed. They are
not just limited to the product level but
are based on an integrated approach
to cooling and heating in individual
buildings up to entire cities. Our toolbox
includes many solutions from heat
recovery, thermal energy and heat
pumps through to demand side flexibility
providing stability to the grid as we move
to renewable energy, and many more.”
“Whether it was at the Climate Summit
in New York or at the EU’s Research
November/December 2019
and Innovation Days in Brussels, there
was no doubt that this message, our
message, is not an isolated one: there
is an overwhelming consensus, across
industries, that solutions and technologies
are generally available to meet the 1.5°C
target. It is not a question of technological
innovation. It is a question of reaching the
people. The gap between science, policy
and people is huge and needs to be
closed as a matter of urgency,” she said
As part of the activities EPEE members
are undertaking to bridge this gap, EPEE
will start a broader #CountOnCooling
campaign including a White Paper,
describing important steps to deliver
sustainable cooling. This White Paper,
which is planned to be officially launched
at the 31st Meeting of the Parties to the
Montreal Protocol in Rome, beginning
of November, introduces a 5-step
approach to (1) optimise the need for
cooling; (2) improve the energy and
resource efficiency of cooling equipment;
(3) mitigate the climate impact of
refrigerants; (4) address the investment
cost for higher efficiency solutions; and (5)
shift to renewable energy sources with an
integrated approach.
The European Partnership for Energy
and the Environment (EPEE) was
founded in 2000, is headquartered
in Brussels and is the voice of the
refrigeration, air-conditioning and heat
pump industry in Europe, currently
representing 48 members from three
continents – Asia, Europe and North
America. EPEE members directly
employ over 200 000 people and
realise over EUR30-billion in annual
turnover in the EU. EPEE member
companies operate manufacturing
sites and research and development
facilities across the EU, which are
leading innovation efforts in the global
market. CLA
www.coldlinkafrica.co.za
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