Ariston N : INTRODUCTION TO ARISTON GROUP - SEPTEMBER 2022

ARISTON GROUP INTRODUCTION

September 2022

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

KEY FIGURES (2021)

€2.0bn		€203M		43
REVENUES		ADJ. EBIT IN 20211		COUNTRIES OF DIRECT PRESENCE
		AND 10.2% MARGIN		AND 150+ COUNTRIES SERVED1

74%		#25		#17
FROM RENEWABLE AND HIGH		PRODUCTION SITES AND		LARGE M&A AND BOLT ON
EFFICIENCY PRODUCTS2		#26 R&D CENTERS1		ACQUISITIONS SINCE 20141

Note: figures adjusted for non recurring events or transactions, restructuring or employment termination agreements, other events not representative of normal	3
business operations. 1Including Chromagen acquisition finalized on 5th January 2022. 2Excluding services, burners and components.

KEY CHARACTERISTICS

1			2				3			4			5

WIDE OFFER OF	BALANCED	GLOBAL FOOTPRINT OF	CONTINUOUS	SOLID FINANCIAL
SUSTAINABLE COMFORT	COMMITMENT TO	40+ MARKETS	TECHNOLOGICAL AND	PERFORMANCE AT TOP-
SOLUTIONS ACROSS ALL	BOTH HOT WATER	SUPPORTED BY AN	GO-TO-MARKET	AND BOTTOM-LINE,
STAGES OF THE ENERGY	AND HEATING	INTEGRATED AND AGILE	INNOVATION,	LEAN BALANCE SHEET
TRANSITION		INDUSTRIAL BACK-END	INCLUDING DIGITAL	AND PROVEN M&A
				TRACK RECORD

4

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

REVENUE SPLIT

H OT WAT E R

91%	H E AT I N G

DIRECT SERVICES &

PARTS

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

€2.0BN

REVENUE

FY 2021

HYBRID	HEAT	CONDENSING & STANDARD
SYSTEMS	PUMP	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

5%	RENEWABLE AND HIGH EFFICIENCY
	FULL RANGE OF SERVICES

INNOVATION & DIGITAL LEADERSHIP

INNOVATION & DIGITAL LEADERSHIP

5