OUR VISION AND VALUES

Our vision is sustainable comfort for everyone

A brightly lit house surrounded by nature.
A brightly lit house surrounded by nature.
A little girl and her mother playing together, both smiling happily.
A little girl and her mother playing together, both smiling happily.
We have almost 100 years of experience in providing sustainable thermal comfort to people worldwide. Through our renewable and high-efficiency solutions, we fulfill our customers' different needs while supporting the energy transition at all stages.

OUR GROUP IN NUMBERS

For over 90 years, we have sustained our profitable growth

We have been dedicated to propelling our sustainable growth by combining organic investments with a solid track record of acquisitions.

REVENUES 2023

 

3.1
billion euro
+30% YoY

EBIT ADJ.

2023

314
million euro
10.2% margin

NET INCOME ADJ.

2023

212
million euro
+30% YoY
Full Year 2023 Analyst Presentation
05.03.2024
Full Year 2023 Press Release
07.05.2024
A MESSAGE FROM THE CHAIRMAN
At Ariston Group, we are driven by our vision to bring sustainable comfort for everyone. As we relentlessly operate to deliver organic growth, we will continue to explore strategically worthy M&A opportunities, confident in our track record, to make our group a home where companies can further grow and succeed.
Paolo Merloni
Paolo Merloni
EXECUTIVE CHAIRMAN
Useful documents
Everything about Ariston Group: corporate publications, policies, and other materials.
Hands picking up a seedling from the ground
Code of Ethics
A portion of planet Earth seen from space
Annual Report 2023
 Two boys in a lit house
Company Report 2023

OUR PRESENCE

Today, we are positioned among the leading players

in the global thermal comfort industry

We boast a strong and long-established presence in Europe, combined with a growing exposure to North America and the emerging economies of Asia, Middle-East, and Africa.
Group of colleagues in a factory
Group of colleagues in a factory
Through our unique portfolio of solutions and brands, we reach nearly 170 markets across five continents. We offer products, systems, and services that are tailored to local characteristics and leverage solid pre- and after-sales networks.
Group of colleagues in a factory
Group of colleagues in a factory
We are a global manufacturer with a strong, integrated network of production facilities that are distributed across various regions and rely on a strong base of global and local suppliers.
Worker in a heat pump factory
Worker in a heat pump factory
We operate through centers of excellence for research and development that provide dedicated support to our manufacturing footprint, effectively driving our product roadmap.
Worker in a climatic chamber
Worker in a climatic chamber

INSPIRING THROUGH EXCELLENCE

Providing our customers with a unique offer of 

solutions for the energy transition

We invest in developing state-of-the-art sustainable technologies and advanced connectivity services. Our portfolio of solutions spans climate comfort and water heating, a sector in which we are proud to have a leading position in several markets. Service, air handling, components, and burners complete our offering.

starting from customers

Serving our markets with a strong brand portfolio

We hold a leadership position in thermal comfort through our strategic global brands - Ariston, Elco, and Wolf - along with renowned regional and local brands. Components and burners are marketed respectively with Thermowatt and Ecoflam brands.

thermal comfort
Ariston Logo
Wolf Logo
Elco Logo
ATAG Logo
Brink Logo
NTI Logo
Calorex Logo
Racold Logo
Domotec Logo
Chromagen Logo
HTP Logo
Components
Thermowatt Logo
Burners
Ecoflam Logo

We hold a leadership position in thermal comfort through our strategic global brands - Ariston, Elco, and Wolf - along with renowned regional and local brands. Components and burners are marketed respectively with Thermowatt and Ecoflam brands.

PEOPLE COME FIRST

Growing through our people

Four Ariston employees smiling.
Four Ariston employees smiling.
We believe that people are the driving force behind every accomplishment and consider talent our most valuable resource. We are dedicated to guaranteeing our employees a meaningful and comprehensive people experience and we strive every day to nurture a dynamic and inclusive working environment, which offers effective opportunities for development and growth. 
There is no value in the economic success of an industrial initiative if it is not accompanied by a commitment to social progress.
Aristide Merloni
Aristide Merloni
FOUNDER, 1967
Six people of different nationalities smiling
Six people of different nationalities smiling

BELIEVing IN SUSTAINABILITY

Proceeding on our ESG roadmap to 2030, towards our centennial

For us, sustainability is a legacy, a pillar, and a direction. To steer our sustainable growth, we have developed Road to 100, a strategic ESG plan that encompasses five different areas of engagement.

Road to 100 Logo
Solutions
Operations
People & Communities
Customers
Governance
Road to 100 Logo
Flowers in a field
Flowers in a field
Stairs going upwards
Stairs going upwards
People from different communities
People from different communities
A wave in the sea
A wave in the sea
an old and solid oak tree
an old and solid oak tree