In 2024, Climater continued its rapid growth despite a soft construction market in France, thanks to its mainly B2B positioning (more resilient than B2C), and also driven by strong underlying trends in energy transition and HVAC equipment modernization in France, as well as a very dynamic infrastructure market in Canada. Additionally, Climater remained very active in M&A, completing three strategic acquisitions in France and Canada, further strengthening its position and service portfolio in its two core markets.