Wirral refrigeration and air conditioning services specialist Brooktherm Refrigeration reveals 28% rise in annual revenues to £22.1m but a fall in profits. Tony McDonough reports
Wirral refrigeration and air conditioning Brooktherm Refrigeration says it is “positive for the future” after reporting a 28% rise in revenues.
Customers of Brooktherm, which employs around 90 people in Wallasey, have included the Cammell Laird shipyard in Birkenhead and global dairy company Arla. It provides industrial refrigeration and air conditioning services.
In its accounts for the 12 months to March 31, 2025, Brooktherm revealed turnover £22.1m, higher than the £17.3m reported in the previous year. However, pre-tax profits fell to £1.1m from £1.3m.
Established in 2000, Brooktherm is a leading UK operator. In November 2023 owners and directors Jamie Keating and Daniel Keating agreed to sell the business for an undisclosed sum.
Italian industrial giant Daikin Applied Europe bought Brooktherm via its UK subsidiary Daikin Applied (UK). Daikin Applied Europe has an annual turnover of around £370m and owns a number of businesses across Europe. It, in turn, is a subsidiary of Japanese multinational Daikin Industries.
Employing more than 96,000 people at 100 production sites, serving customers in more than 170 countries, Daikin Industries generates annual revenues of more than £20bn.
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In Brooktherm’s annual report, director Valerio Micali said: “Principal risks to the company continue to be uncertainty within the industry but, despite this uncertainty, the company anticipates further growth in turnover and profitability in the future.
“The directors are satisfied with the results for the year and are positive for the future, based on the ongoing improvements initiatives within the business.”