The Ariston Group today announced net revenues of 2,379 million euros in 2022, 19.7% more than in 2021. Growth was stronger in the Thermal Comfort division compared to the other two divisions and was concentrated in Europe and Asia/Pacific & MEA.

Adjusted EBIT operating profit amounted to 223 million euros, up 9.4% compared to 2021, and net profit to 140 million euros, 2.9% higher than in 2021.

“The results of the first year after the IPO demonstrate once again the solidity of our business model, the organic growth being complemented by a strategic acquisition,” stated Paolo Merloni, the executive president of the Ariston Group.

“With the acquisition of Centrotec Climate Systems, the turnover of the group will exceed 3 billion euros, with a solid profit.”

On January 2, 2023, Ariston acquired Centrotec Climate Systems (Wolf, Brink, Ned Air and Pro-Klima brands). The purchase price paid at closing was of EUR 635.05 million in cash plus 41,416,667 Ariston Holding N.V. shares issued through a dedicated capital increase.

“We achieved excellent results, recording growth in our core markets of renewable and high-efficiency solutions, especially in Europe,” added Laurent Jacquemin, CEO of the Ariston Group.

“We have also navigated a highly complex supply chain context, adapting to a rapidly changing ecosystem and staying true to our credo of serving our customers.”

Autor: Bogdan Tudorache

Active in the economic and business press for the past 26 years, Bogdan graduated Law and then attended intensive courses in Economics and Business English. He went up to the position of editor-in-chief since 2006 and has provided management and editorial policy for numerous economic publications dedicated especially to the community of foreign investors in Romania. From 2003 to 2013 he was active mainly in the financial-banking sector. He started freelancing for Energynomics in 2013, notable for his advanced knowledge of markets, business communities and a mature editorial style, both in Romanian and English.