Thermador Groupe

Earnings Release • Nov 23, 2020

Press release

Saint-Quentin-Fallavier - November 23, 2020 – 6pm

Coronavirus, impact on turnover

Our clients and their own clients got themselves well organised to continue business during this second lockdown, as demonstrated by the trends observed during the first two weeks of November, quite similar to those we released for October.

Thus, the business levels of our subsidiaries selling consumer products remained strong over this short period, posting a 10% increase. On the other hand, sales of products for professionals (76% of turnover) fell by 3% on a like-for-like basis. Between November 1 and 15, 2020, consolidated turnover decreased by 3% on a like-for-like basis.

We will get back to you on December 9 at 6 pm to give you a brief overview of the impact of the current lockdown on November's turnover.