Vaillant group continues to grow in a difficult market environment

The Remscheid-based heating technology provider Vaillant Group recorded sales revenue of €3.8 billion in the 2023 financial year, an increase of 3 per cent on the previous year. With a significant increase of almost 50 per cent, the Vaillant Group's heat pump business developed significantly better than the European heat pump market, as in the years before. In Germany, the heat pump business even grew by more than 100 per cent. This ranks the Vaillant Group market leader in Germany and the third-largest supplier of heat pumps in Europe. In the segment of gas-fired heating appliances, the company maintained its globally leading position.