Optimising energy consumption for user comfort
Through our valves, actuators and connected products in Climate Control, we optimise heating and cooling systems for building users, working hand in hand with designers, architects and installers. We enable significant energy savings, helping our customers reduce their CO2 emissions and creating more comfortable environments for life and work.
Our sector
>> We sell over 20 million products each year
>> Each year our products are installed in hundreds of thousands of properties
>> Connected products make up around 25% of sales
Market trends and our response
Increased customer focus on energy efficiency is driving demand for connected products because they give customers better control of their buildings through data-driven insight and solutions. Our intelligent and connected solutions, including our recent Heatmiser acquisition, now make up around 25% of revenue. These products enable customers to dynamically manage their heating and cooling systems more efficiently, helping to reduce CO2 emissions and energy bills.
In Europe, energy supply and energy security are an increasing focus. For example, in Germany, our biggest market in terms of revenues, the Government took significant measures in the winter of 2022-2023 to avoid energy shortages, including reactivating coal-fired power plants and introducing regulations to limit heating of public buildings to 19°C. Sales of our Halo-B valve, which can be set to a tamper-proof 19°C, increased significantly in this period, helping public authorities in Germany to lock in energy savings.
The global slowdown in new construction for commercial and residential property has presented a challenge for IMI, with reduced opportunities to install our products in new buildings. However, our business is resilient with a significant proportion of revenues coming from retrofit projects or connected products.
"We are successful because we build on our expertise of the entire HVAC system. We think about each customer’s problem and create value add through innovation, intelligent solutions, customer support and education."
Stefano D’Agostino, President,
Climate Control
State of the art climate control for famous theatre
Our TA-Smart valves are enabling a more energy-efficient future for a world-renowned theatre in Europe that needed a complete HVAC system refurbishment, to optimise energy consumption and improve user comfort. Faced with an outdated system with no data or monitoring capabilities, the consultant designing the refurbishment needed our support. Working in partnership with them, we recommended our TA-Smart product, supplying 24 bespoke valves in 2023. These valves allow the heating system to automatically monitor itself, so it can analyse and optimise energy use. The result is a more sustainable building and a more comfortable experience for employees, actors and audiences.
