The analysis of non‑consolidated data for the first quarter of 2026 shows a turnover of €19.4 million, with a product mix strongly driven by Dry Coolers, Round Tube Coils, and Microchannel Cores. These results reflect growing market confidence and a rapidly increasing demand for data center cooling, process cooling, and HVAC applications.

During the period, order intake increased by +105% compared to Q1 2025, supported by a +78% improvement in the orders-to-turnover ratio, confirming a significant commercial acceleration.

The production backlog exceeds €45 million, with total orders for 2026 already surpassing the company’s total revenues for the entire previous fiscal year.

These results highlight a solid and well‑structured growth path, driven by increasing trust in ThermoKey solutions, chosen by the market for their reliability, high energy efficiency, and seamless integration into next‑generation systems.

A performance that strengthens the company’s positioning and consolidates growth prospects for a record‑breaking 2026.

CEO, Giuseppe Visentini