Thermador: annual sales down more than 13

(CercleFinance.com) - Thermador Groupe posted sales of 503.
9 million euros for the 2024 financial year, down 13.3% (-13.5% on a like-for-like basis), with an estimated effect of -2.6% from changes in sales prices.

In the fourth quarter alone, the distributor of equipment for fluid circulation in building and industry posted sales of 113.3 million euros, down 11.3% on a like-for-like basis.

2024 will have been a complicated year for all the segments addressed by the Thermador group", notes Oddo BHF, which, seeing "a still difficult start to 2025", is adjusting downwards its estimates for the group over the coming year.

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