Thermador Groupe Reports 11.3% Turnover Rise in H1 2026

Thermador Groupe has released its financial results for the first half of 2026, revealing an 11.3% increase in turnover, amounting to €287.95 million. Growth at a constant scope stood at 5.6%. The expansion occurred despite a 0.9% estimated decline in selling prices. Q2 confirmed the positive trend with a 7% rise at constant scope.

The operating profit rose by 17.3%, reaching 12.2% of turnover. Notably, the group's exposure to government-subsidized energy renovation financing remains limited. Yet, a slowdown in solar thermal panels' market has been noted due to subsidy reductions.

Water-related activities face challenges from extreme weather, though rainwater solutions see increased interest. Additionally, Axelair's demand has surged. The geopolitical climate warrants caution for upcoming quarters, with key prospects identified in energy and data sectors.