Thermador Groupe · EURONEXT:THEP
Thermador Groupe — Q1 2026 Earnings Presentation
22 slides from Thermador Groupe's earnings presentation, Apr 21, 2026
Slide 1: First quarter turnover 2026
Thermador Groupe 2026 First quarter turnover
Slide 2: Group workforce
Group workforce 916 916 903 821 people 712 770 798 668 599 476 439 314 319 271 278 Actualiser la photo 13 14 15 16 17 18 19 20 21 22 23 24 25 26
Slide 3: Activity
Activity 17 out of 21 Heat pump New homes Retail Industry subsidiaries are growing
Slide 4: Milestones
Milestones Prices Heavy rainfall War in the Separation of the Middle East roles of chairman Negative price and chief executive impact : -1.4% officer
Slide 5: Turnover
Turnover 2026 Variation Variation In €k 2026 to constant 2025 2026/2025 2026/2025 scope To constant scope RETAIL 21,255 21,255 21,518 -1.2% -1.2% PROFESSIONAL CHANNEL 121,114 114,083 108,269 11.9% 5.4% TOTAL 142,434 135,403 129,913 9.6% 4.2%
Slide 6: Financial structure
Financial structure BORROWINGS AND CASH FINANCIAL DEBT (IN MILLIONS OF EUROS) (IN MILLIONS OF EUROS) € 105m 96.9 105 € 40.2m 46.7 46.6 63.3 41.7 39.4 38.7 41.1 40.2 Amount of dividends detached on April 15, 2026 to 30.8 28.2 30.5 be deducted (€19.3m). 39.9 35.2 32.3 27.4 28.6 27.4 20.8 23 16 15 16 1
Slide 7: Investments
Investments In millions of euros 14 Forecasts 12 €12.3m 10 8 6 4 2 0 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 URD p.181 Investments Of which, real estate investments
Slide 8: Return on reinvested dividends - 2016-2026
Return on reinvested dividends - 2016-2026 Thermador Groupe : +9.3% per year CAC 40 : +9.4% per year https://www.thermador-groupe.fr/actionnaires/laction-thermador-groupe/ From 20 April 2016 to 19 April 2026
Slide 9: À jour ?
Outlook À jour ?
Slide 10: Outlook
Outlook m New Ho VY D> ec’ oO ZE (/ \ Y) SS
Slide 11: New housing in France
New housing in France Cumulative number of homes over twelve months Thousands of dwellings, unadjusted data Building permits granted Housing starts
Slide 12: New Homes
New Homes Outlook À jour ? Energy renovation
Slide 13: New Homes
New Homes Outlook À jour ? Energy renovation Market data
Slide 14: Coedis
Coedis End February : COEDIS: -1.7% 15.0% 10.1% 10.0% 7.1% 6.6% 4.8% 5.1% 5.0% 3.1% 0.9% 1.3% 0.0% 0.1% 0.5% 0.0% 0.0% -0.3% -0.2% -0.4% -1.0% -1.2% -1.8% -2.8% -3.0% -5.0% -3.8% -5.0% -4.7% -5.1% -6.0% -5.5% -5.5% -6.6% -8.2% -8.1% -7.6% -10.0% -9.3%-9.0% -10.9% -15.0% -14.8% -14.5% -15.6% -16.2% -
Slide 15: New Homes
New Homes Outlook À jour ? Energy renovation Market data Industry
Slide 16: Industry France and Europe
Industry France and Europe France, end march Eurozone, end march PMI index for French manufacturing industry PMI index for Eurozone manufacturing industry cvs, >50 = improvement on previous month cvs, 50 = no change Sources: HCOB, S&P Global PMI
Slide 17: New Homes Retail
New Homes Retail Outlook À jour ? Energy renovation Market data Industry
Slide 18: Inoha
À jour ? Inoha End february : INOHA: -0.7% 4.0% 2.7% 2.0% 2.0% 1.7% 1.7% 0.6% 0.7% 0.4% 0.0% -0.1% -0.4% -0.4% -0.8% -0.9% -2.0% -1.4% -1.8%-1.6% -2.1%-4.8% -2.5%-4.4% -4.8% -5.7% -2.1% -2.9% -4.0% -2.4% -4.3% -2.1% -4.8%-4.9% -8.0% -2.2% -6.0% -5.7% -3.5% -7.1% -8.0% -7.8% -5.9% -10.0% Apr-23 Jun-2
Slide 19: À jour ?
New Homes Retail Outlook À jour ? Energy renovation Water cycle Market data Industry
Slide 20: À jour ?
New Homes Retail Outlook À jour ? Energy renovation Water cycle Market data International Industry
Slide 21: À jour ?
New Homes Retail Outlook À jour ? Energy renovation Water cycle Market data International Industry Prices
Slide 22: Organic growth by quarter
Organic growth by quarter 50.0% 43.9% 40.0% 30.0% 28.0% 20.0% 15.9% 14.1% 12.3% 10.3% 10.3% 10.0% 5.4% 6.7% 4.2% 2.2% 0.0% -2.0% -2.1% -1.7% -10.0% -6.4% -9.7% -9.1% -8.8% -11.3% -14.9% -20.0% -17.2% -30.0% Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 2021 2022 2023 2024 2