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Historical Financials
Our financial history and track record
Historical financials Highlights

HISTORICAL FINANCIAL

Ariston Group Equity History

Wolf offices
2023
Ariston Group...joins forces with Centrotec Climate Systems in a transformative acquisition that reinforces its positioning in Europe.
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Chromagen products
2022
...acquires Chromagen, a leading player in the supply of renewable hot water solutions with a solid footprint in Australia.
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NTI worker
2016-2019
...expands with NTI and HTP in Canada and the U.S., as well as with Calorex in Mexico, consolidating its presence in the Americas.
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2015
...enters the Danish market acquiring Gastech-Energy and also purchases SPM, a French burner and components manufacturer.
Atag installer
2014
...acquires Atag, a premium Dutch heating brand, and Heat Tech Geysers, a leading water heating company in South Africa.
Thermowatt offices
2013
...finalizes the acquisition of DhE, now Thermowatt Professional, an Italian player in the sector of heating components.
Domotec products
2011
...bolsters its Swiss market leadership by acquiring Cipag and Dometec, focusing on water heating systems.
Elco van
2001
...pursues remarkable growth by acquiring Elco, Chaffoteaux, Cuenod, Ecoflam, and Rendemax.
Racold products
1990s
...acquires Racold, the largest water heating company in India.

Highlights

Financial highlights

Partial Reclassified Q1 2024 Income Statement

Partial Reclassified Q1 2024 Income Statement

Values expressed in € millions

INCOME STATEMENT Q1 2024 Q1 2023 % CHANGE
Net revenue 635.2 759.7 -14.0%
EBITDA %margin 56.8 8.7% 97.3 12.8% -41.5%
EBITDA adjusted %margin 58.3 8.9% 98.6 13.0% -40.8%
EBIT %margin 22.6 3.5% 70.4 9.3% -67.9%
EBIT adjusted %margin 30.0 4.6% 73.1 9.6% -58.9%
Net financial charges (10.9) (7.3) -
Income/(losses) from associates (0.1) (0.4) -
Profit before tax 11.9 62.7 -