Cool runnings: AoFrio nabs Coca-Cola bottler as new customer and trials IoT solution with big names

Smart refrigeration firm AoFrio has some of the biggest beverage names as customers, including Coca-Cola. (Image: Getty)

Rebecca Stevenson

Thu, 08 Aug 2024

Smart refrigeration firm AoFrio’s revenue grew by 27.4% for the six months ending on June 30. The New Zealand Exchange-listed (NZX) tech company counts some of the biggest beverage names as its customers, including Coca-Cola and Nestlé. AoFrio provides intelligent electronic thermostats, energy management devices for commercial fridges, efficient motors, and the software to run them.It booked revenue of $38.4 million for the first half of the 2024 financial year and reported earnings before interest, taxation, deprec...

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