Heating renovations boost Meier Tobler’s business
Meier Tobler continued to grow in the first half of 2023. The company benefited above all from heating renovations and the heat pump business. Meier Tobler also moved into a new location in the canton of Solothurn.
Meier Tobler can look back on a good half-year, according to a media release. The Schwerzenbach-based company, which specialises in air-conditioning technology, increased its turnover by 7 per cent to 276.4 million Swiss francs compared to the previous year. Net profit rose by 38.7 per cent to around 16 million Swiss francs.
The “essential basis” for the growth was reportedly the continuing momentum in heating renovations. At the same time, sales of heat pumps also increased in the double-digit percentage range. Business with air conditioning systems improved only slightly compared to the previous year. Here Meier Tobler benefited mainly from large projects such as the delivery of two absorption chillers with 3.4 megawatts each for the Shoppi Tivoli in Spreitenbach AG.
Furthermore, Meier Tobler was able to put its new service centre in Oberbuchsiten SO into operation in the first half of the year. Among other things, automated high-bay and small parts warehouses or autonomous mobile robots are in use in the newly built centre. According to Meier Tobler, operations are being ramped up continuously.