Thermador Groupe

Business and Financial Review • Dec 9, 2020

Press release

Saint-Quentin-Fallavier – December 9, 2020 – 6 p.m.

Coronavirus: impact on turnover

Business for those subsidiaries selling consumer products remained strong in November, posting a 19.1% increase. Sales of products for professionals (72.5% of consolidated turnover for this period) increased by 2% on a like-for-like basis. Hence, monthly consolidated sales rose by 6.2% on a like-for-like basis. A little perspective on these figures: we had one extra business day in November 2020.

Over the October-November period cumulatively, the number of working days was identical. On a like-for-like basis, consumer business grew by 18.6% while sales of professional products were stable. Consolidated turnover on a like-for-like basis thereby increased by 4.6% between 1 October and 30 November 2020, a performance that fully satisfies us given the circumstances and the very strong growth recorded in 2019 over the same period.

We will get back to you on 14 January at 6 p.m. when we will publish our annual figures for turnover.

In the meantime, we wish you an excellent festive season, and please take care.