Ariston N : INTRODUCTION TO ARISTON GROUP - MARCH 2023

ARISTON GROUP INTRODUCTION

March 2023

A VISION SHAPED BY OUR ROOTS

OUR PHILOSOPHY

• THERE IS NO VALUE IN THE ECONOMIC SUCCESS OF ANY

INDUSTRIAL INITIATIVE UNLESS IT IS ACCOMPANIED BY A

COMMITMENT TO SOCIAL PROGRESS"

ARISTIDE MERLONI, 1967

"	OUR VISION
	SUSTAINABLE COMFORT FOR EVERYONE
	"

OUR MISSION
"TO BE THE WORLD'S PREFERRED PARTNER IN
DELIVERING ENERGY EFFICIENT AND
RENEWABLE SOLUTIONS FOR HEATING AND
HOT WATER	"

2

ARISTON IN NUMBERS

2022

€2.4bn REVENUES

(€3.1bn PRO-FORMA1)

44 : 56

PROPORTION OF RENEWABLE VS. FOSSIL FUEL PRODUCTS IN EUROPE (TARGET: 60 : 40 IN 2025)

2022

€223M ADJ. EBIT

(€286M PRO-FORMA1)

AND 9.4% (9.3%1) MARGIN

#31

PRODUCTION SITES AND

#30 R&D CENTERS1

43

COUNTRIES OF DIRECT PRESENCE AND 150+ COUNTRIES SERVED

#18

LARGE M&A AND BOLT ON ACQUISITIONS SINCE 2014

Note: figures adjusted for non recurring events or transactions, restructuring or employment termination agreements, other events not representative of normal	3
business operations. 1pro-forma figures including Centrotec Climate Systems, consolidated from January 2, 2023

KEY CHARACTERISTICS

1

CHAMPION OF

SUSTAINABLE

COMFORT ACROSS ALL

STAGES OF THE

ENERGY TRANSITION

2

UNIQUELY BALANCED

COMMITMENT TO

BOTH HOT WATER

AND HEATING

	3			4

GLOBAL FOOTPRINT OF	PROFITABLE GROWTH
40+ MARKETS	COMBINING STEADY
SUPPORTED BY AN	ORGANIC EXPANSION
INTEGRATED AND AGILE	WITH PROVEN M&A
INDUSTRIAL BACK-END	TRACK RECORD

5

SOLID FINANCIAL

PERFORMANCE AT TOP-

AND BOTTOM-LINE,

LEAN BALANCE SHEET

4

OVERVIEW OF DIVISIONS - BALANCED COMMITMENT TO BOTH HOT WATER AND HEATING

REVENUE SPLIT

H OT WAT E R

92%	H E AT I N G

DIRECT SERVICES &

PARTS

ELECTRIC	ELECTRIC	HEAT	GAS	GAS	SOLAR CYLINDERS
INSTANT	STORAGE	PUMPS	STORAGE	INSTANT

€2.4BN

REVENUE

FY 2022

HYBRID	HEAT	CONDENSING & STANDARD
SYSTEMS	PUMPS	WALL-HUNG BOILER

GLOBAL REACH AND SUPPLY CHAIN	C O M P O N E N T S
4%
360° CATEGORY LEADERSHIP

B U R N E R S

360°

BROAD PORTFOLIO FOCUSING ON

4%	RENEWABLE AND HIGH EFFICIENCY
	FULL RANGE OF SERVICES

INNOVATION & DIGITAL LEADERSHIP

INNOVATION & DIGITAL LEADERSHIP

5