Dometic released its 2024 sustainability report. The report highlights the company’s commitment to environmental responsibility as Dometic navigated a challenging market.
Dometic faced a 10-year low in RV industry production in the U.S. The downturn negatively impacted net sales in the OEM sales channel. To offset the downturn, Dometic said it focused on strengthening its organizational structure and implementing efficiency measures.
As Dometic’s net sales and margins fell, the supplier focused on its sustainability efforts. The company prioritized reducing inventories, optimizing operations and driving sales initiatives for future growth. Dometic increased sales in its 2024 service and aftermarket channels.
A key highlight of the sustainability report is Dometic’s global restructuring program. The program aims to improve the company’s cost structure and financial performance. The restructuring includes discontinuing products such as large RV compressor refrigerators and certain kitchen appliances.
Dometic is transitioning its air conditioning products and most compressor-driven refrigerator models to use more sustainable refrigerants.
