Glen Dimplex Sees Recovery Amid Heat Pump Challenges | Dublin News

Glen Dimplex faced a sharp revenue drop and soaring pretax losses last year, largely due to sluggish heat pump demand amid a broader market slowdown, high electricity prices versus gas, and policy uncertainty in Europe. Yet, the company is turning things around—its order book shows strong recovery momentum since September, fueled by policy shifts in key markets like France and Germany, plus renewed global focus on energy electrification. Despite restructuring costs and a reduced dividend, leadership sees clear growth ahead, powered by structural advantages and strategic adjustments. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/926b7f89522c6b9e