Somfy : Presentation of 2021 Half-Year Results

PRESENTATION OF 2021

HALF-YEAR RESULTS

9 September 2021

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HIGHLIGHTS

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Strong sales growth, up 41.5% compared with 2020

Net profit of €183.4 million over the half-year with a significant increase in current operating margin

Strengthening of measures implemented to limit the impact of the severe ongoing pressures on the electronic component and raw material markets

Development of new products & innovations: TaHoma® switch, Oximo Solar io, Home Alarm Advanced

Integration on 1 January 2021 of Répar'stores, French leader in the repair and upgrade of roller blinds

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KEY FIGURES

€805.0 m +41.5%

26.6% +860 bps

€183.4 m +126.7%

€517.5 m

€206.5 m +75.5%

Sales

Current operating

Net profit

Net financial

Cash flow

margin

surplus

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NEW GOVERNANCE

Separation of the functions of Chairman and CEO

		Pierre Ribeiro,		Jean Guillaume Despature,
		Chief Executive Officer		Chairman of the Board of Directors

Valérie Dixmier,		Michel Rollier,
Deputy Chief Executive Officer
	Vice-Chairman of the Board of Directors
In charge of People, Culture and Organization

Creation of 4 Board specialist committees

AUDIT AND		APPOINTMENT AND		STRATEGY		SUSTAINABLE
RISK		REMUNERATION		COMMITTEE		DEVELOPMENT
COMMITTEE		COMMITTEE				COMMITTEE

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UPDATE ON MARKET ENVIRONMENT

Presentation of 2021 half-year results

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