Ariston Group: Thermal Comfort

OUR VISION AND VALUES

Our vision is sustainable comfort for everyone

A brightly lit house surrounded by nature.

A little girl and her mother playing together, both smiling happily.

In 2025, we celebrate the 95th anniversay of our foundation.

We have 95 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.

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OUR GROUP IN NUMBERS

For 95 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.

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REVENUES

2024

2.6

billion euro

-13% YoY

EBIT ADJ.

2024

160

million euro

6.1% margin

FREE CASH FLOW

2024

152

million euro

+36.5% YoY

Full Year 2024 Analyst Presentation

05.03.2025

Full Year 2024 Press Release

05.03.2025

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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

EXECUTIVE CHAIRMAN

Useful documents

Everything about Ariston Group: corporate publications, policies, and other materials.

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Code of Ethics

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Annual Report 2023

Company Report 2023

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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.

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.

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.

We operate through centers of excellence for research and development that provide dedicated support to our manufacturing footprint, effectively driving our product roadmap.

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.

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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

Components

Burners

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PEOPLE COME FIRST

Growing through our people

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.

WORK WITH US

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

FOUNDER, 1967

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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.

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Solutions

Our commitment is to provide smart, sustainable comfort for a better future. We design and offer energy efficient solutions that increasingly rely on renewable energy sources and we contribute to enhancing the efficiency of the installed park. We also strive towards a continuous improvement of our Connected Home Services.

Operations

People & Communities

Customers

Governance

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