Hispacold achieves EUR 54 million in sales last year
By Luke Willetts - 21st June 2023
Spain – Spanish HVAC systems supplier, Internacional Hispacold SA (Hispacold), headquartered in Seville, (a subsidiary of Irizar Group SC) achieved EUR 54 million in sales last year, (increasing its revenue by 16.6% compared with EUR 46.3 million in 2021) returning to pre-pandemic levels. The company has attributed this to strong growth in the electromobility segment (e-bus) as well as its presence in new markets such as Australia and Turkey.
The company achieved sustained growth from 2014 until the global pandemic in 2020 as a sales decline and a components supply shortage impacted negatively on the Hispacold’s accounts.