Earnings release
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PRESS RELEASE 60, rue de Luzais • Parc d’Activités de Chesnes • 38 070 SAINT-QUENTIN-FALLAVIER • FRANCE Tel. +33 474 95 63 28 • Email: contact@actionnaires.thermador-groupe.fr Private limited company with capital of €36,803,396 - 339 159 402 companies register of Vienne - SIRET n°: 339 159 402 00025 thermador-groupe.fr … / … Saint-Quentin-Fallavier - January 15, 2026 - 6pm TURNOVER AT DECEMBER 31, 2025 -0.4% -2.9% at constant scope* 2025 2025 2024 VARIATION 2025/2024 VARIATION 2025/2024 IN THOUSANDS OF EUROS constant scope* constant scope* TOTAL AT DECEMBER 31 - ACCORDING TO IFRS 15 501,744 489,296 503,885 -0.4% -2.9% 1ST QUARTER 129,913 128,781 141,190 -8.0% -8.8% 2ND QUARTER 128,768 127,562 130,344 -1.2% -2.1% 3RD QUARTER 124,407 121,588 119,017 4.5% 2.2% 4TH QUARTER 118,656 111,365 113,334 4.7% -1.7% BREAKDOWN BY BUSINESS Mecafer and Domac, air compressors, generators, power packs, solar panels, welding stations and high-pressure cleaners 28,801 28,801 29,969 -3.9% -3.9% Odrea, pumps, technical plumbing accessories and taps 52,442 52,442 61,220 -14.3% -14.3% Isocel, supply of components to OEM 7,523 7,523 7,087 6.2% 6.2% Aello, equipment for swimming pools 18,781 18,781 17,645 6.4% 6.4% DPI, plastic piping for wet and dry networks 28,015 28,015 33,012 -15.1% -15.1% Jetly, pumps, tanks and lifting stations 56,227 56,227 58,304 -3.6% -3.6% Thermador, central heating, solar and domestic water accessories 62,171 62,171 65,969 -5.8% -5.8% PBtub Heating - cooling surfaces and piping systems 20,483 20,483 20,411 0.4% 0.4% Thermacome 13,782 13,782 15,122 -8.9% -8.9% Axelair, ventilation equipment and accessories 8,370 8,370 7,437 12.5% 12.5% Alto Metering(1), remote reader systems and electricity, water, gas, domestic fuel and energy meters 3,516 1,403 1,164 20.5% Sferaco, valves, meters and fittings 78,249 78,249 75,706 3.4% 3.4% Sectoriel, motorised valves and air compressors 30,378 30,378 29,790 2.0% 2.0% Distrilabo, measure and control 7,209 7,209 7,043 2.4% 2.4% C2AI(3), instrumentation and fluid control 5,038 FGinox, stainless steel connectors, flanges, valves and accessories 15,712 15,712 15,830 -0.7% -0.7% Quilinox(4), sanitary pumps, aseptic valves and industrial equipment 4,617 Syveco, international 37,336 37,336 35,785 4.3% 4.3% Sodeco Valves(2), industrial valves 22,607 21,927 21,963 2.9% -0.2% Other structures 487 487 428 13.8% 13.8% * 2025 turnover includes: (1) the acquisition of Alto Metering by Thermador Groupe on 31 July 2024, with its turnover consolidated from 1 August 2024 (2) the acquisition of Vena Contracta’s business by Sodeco Valves on 9 August 2024, with its turnover consolidated from 10 August 2024 (3) the acquisition of C2AI by Thermador Groupe on 30 June 2025, with its turnover consolidated from 1 July 2025 (4) the acquisition of Quilinox by Thermador Groupe on 30 September 2025, with its turnover consolidated from 1 October 2025 ESTIMATED EFFECT OF THE VARIATION IN OUR SELLING PRICES: -1.4%