Thermador Groupe

Earnings Release • Jan 14, 2021

Press release

Saint-Quentin-Fallavier – January 14, 2021 6pm

• 2020 TURNOVER: +7.2% At constant scope: +2.6%

In thousands of euros		2020	2020 constant scope*	2019	Variation 2020/2019	Variation 2020 constant scope*
Total at 31 December – according to IFRS 15		395,500	378,543	368,836	7.2%	/2019 2.6%
st quarter 1		94,952	93,601	93,048	2.0%	0.6%
d quarter 2		92,917	88,947	97,651	-4.8%	-8.9%
rd quarter 3		108,206	102,303	91,764	17.9%	11.5%
th quarter 4		99,425	93,692	86,373	15.1%	8.5%
Breakdown by business:
Mecafer and Domac, equipment tools		34,211	34,211	31,114	10.0%	10.0%
Dipra / Rousseau, pumps, technical plumbing accessories and taps		62,316	62,316	54 997	13.3%	13.3%
Isocel, supply of components to OEM		6,230	6,230	6,453	-3.5%	-3.5%
Aello, equipment for swimming pools		12,519	12,519	8,873	41.1%	41.1%
Jetly, pumps		49,996	49,996	49,189	1.6%	1.6%
Thermador, central heating and domestic water accessories		49,003	49,003	47,201	3.8%	3.8%
Pbtub	Heating - cooling surfaces and piping systems	22,158	22,158	24,538	-9.7%	-9.7%
Thermacome **		11,905
Axelair, ventilation equipment and accessories		5,978	5,978	5,742	4.1%	4.1%
Sferaco, valves, meters and connectors		53,431	53,431	56,320	-5.1%	-5.1%
Sectoriel, motorised valves and air compressors		21,924	21,924	21,629	1.4%	1.4%
Distrilabo, measure and control*		5,052	-	-
FGinox, stainless steel connectors, flanges, valves and accessories		14,491	14,491	16,036	-9.6%	-9.6%
Syveco, international		25,378	25,378	26,831	-5.4%	-5.4%
Sodeco Valves, industrial valves		20,607	20,607	19,600	5.1%	5.1%
Other structures		301	301	313	-3.8%	-3.8%

* Distrilabo was acquired by Thermador Groupe on December 31, 2019. Its turnover has been consolidated since January 1, 2020.

** Thermacome was acquired by Thermador Groupe on April 30, 2020. Its turnover has been consolidated since May 1, 2020.

Our 2020 annual results will be announced on our website www.thermador-groupe.fr on February 19, 2021 after close of trading and on February 22 by post. To mark our 100th letter to shareholders, a special edition will be sent to you by e-mail and by post on January 25. Compiled using input from the staff, it is an opportunity for employees to give you some practical feedback on the current situation.

You will also find the company's latest analysis memo published on our website, in the "analysis" section.