Europe

In this Research Note, we examine the HVAC and building automation business of Carrier, based on their Q4 Earnings Presentation and Conference Call, 11th February 2025, and 2024 10K Report, covering their financial performance and aftermarket and digital business. Carrier Profile Following its portfolio transformation over the last 2 years, Carrier Global Corporation has repositioned […]

In this Research Note, we examine Airthings ASA, a Norwegian public company focused on indoor air quality sensing. This analysis highlights their Q4 and Full Year 2024 financial report, including financials for their operating segments offering consumer devices and air quality solutions to schools, offices and other commercial buildings. Airthings Profile Airthings produces IoT devices […]

In this Research Note, we examine the lighting business of Signify, based on their 2024 annual results announced on 24th January 2025 including the revised organization of four verticalized businesses, implemented in April 2024 and their guidance for 2025. Signify, headquartered in Eindhoven, the Netherlands, is the global vendor of conventional lighting, LED, and connected […]

This Research Note examines Regin AB, the Swedish building automation group. Founded in 1947, Regin, headquartered in Kållered, Sweden, is positioned as a European provider of smart automation technology for climate control in buildings. We highlight their product and solutions portfolio, revenue development over the last four years, recent acquisitions and divestments, and their challenger […]

In this Research Note, we examine Haltian, the Finnish developer of IoT hardware and software solutions for the built environment. This analysis, updating our June 2022 article on Haltian, focuses on the company’s recently launched products and solutions, its financial performance between 2020 and 2023, funding, and deployments. Founded in 2012, they are headquartered in […]