Thermador: sales down 17% in Q1
To explain this drop, it also points to heavy rainfall at the start of the year, a more difficult basis for comparison, a French new housing market at a low and a faster-than-expected turnaround in prices.
Noting, however, a relaxation of the new rules for awarding MaPrimeRénov' subsidies, Thermador reiterates a more optimistic view of its business in the second half and says it remains serene in the medium term.
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