Daikin Europe announced its sales results for financial year 2007 (1 April 2007 - 31 March 2008), which were strong for all 4 product groups (air conditioning, applied systems, heating and refrigeration), and across its 4 major sales areas: Europe (including Turkey) was up 24% compared to the previous financial year, Russia plus the CIS countries was up 67%, the Middle East grew by 68% and Africa by 30%.

An exceptionally warm spring resulted in very strong residential air conditioning sales during the 1st half of the 2007 financial year. Over the entire year, residential units enjoyed growth of 30% over the previous financial year. Sales of commercial air conditioning systems were robust throughout the territory, with overall growth of 25% over last year. In the applied systems market, the continued integration of the product range of McQuay chillers resulted in a greatly expanded product portfolio for Daikin. Furthermore, important product rollouts included the multiple-scroll compressor and the introduction of centrifugal chillers to 9 MW, which opened doors to a number of large projects. This strong product portfolio was reflected in a significant increase in the number of units sold.

2007 also saw the continued success of Daikin’s energy efficient residential heating solution, Altherma. The important milestone of 10,000 units sold was surpassed in 2007. Highlights also included the introduction of higher capacity Altherma models and the launch of an optional solar panel installation kit. Growth in the heating segment was strongest in France, followed by Scandinavia and Spain. In the refrigeration sector, Conveni-pack, Daikin’s all-in-one convenient store solution, was especially well received in the UK market. Success in the UK was bolstered by the high level of support provided by the service network of J&E Hall, an OYL company. In addition to this, the J&E Hall product range allowed Daikin to come to the market with a bigger range than before, reveals the company’s press release.