Company Profile

Ariston Holding N.V. is specialized in designing, manufacturing and marketing heating and hot water systems. Net sales by product family are divided as follows:
- home heating and water heating equipment (94.1%): heat pumps, wall-mounted boilers, floor-standing boilers, air conditioning systems etc. (under the Ariston, Elco, Chaffoteaux, ATAG, NTI, HTP and BCE brands), electric and gas storage and instant water heaters, thermodynamic water heaters, hot water tanks, solar water heaters, etc. (under the Ariston, Chaffoteaux, Racold, NTI, HTP and Calorex brands);
- burners (3%): burners for home boilers, industrial boilers, air heaters, ovens, dryers, incinerators, etc. (under the Cuenod and Ecoflex brands);
- other (2.9%): components, spare parts and thermostats for heating equipment and household appliances (under the Thermowatt brand).
Net sales are divided by revenue source between product sales (92.2%), service sales (5.5%) and other (2.3%).
At the end of 2022, the group had 25 production sites worldwide.
Net sales are distributed geographically as follows: Europe (73.8%), Asia/Middle East/Africa (17.3%) and Americas (8.9%).


Source: Cofisem - Last Update: 2024-03-20

Key Executives
Chief Executive Officer Maurizio Brusadelli
Chief Financial Officer Riccardo Gini
Chief Operating Officer Pierluigi Astorino
Strategy Director Cosimo Corsini
Chief Investor Relations Officer Albert William Pozzi
Chief Human Resources Officer Patrizia Valsesia


Source: Cofisem - Last Update: 2024-03-20

Key Figures
Millenium 2023 2022 2021 2020 2019
Net sales 3,091,800 2,378,800 1,987,300 1,663,971 1,710,153
Income from ordinary activities 3,150,100 2,421,500 1,987,300 1,663,971 1,710,153
Operating income 285,700 193,700 171,200 149,084 134,461
Cost of financial indebtedness net 26,700 9,300 7,500 8,157 6,016
Equity-accounted companies contribution to income
Net profit from discontinued activities
Net income 191,200 140,300 136,300 96,687 89,017
Net income (Group share) 191,200 140,300 136,500 96,687 89,017
Fiscal year end 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Length of fiscal year (month) 12 12 12 12 12
Currency & Unit EUR - thousands EUR - thousands EUR - thousands EUR - thousands EUR - thousands
Account Standards IFRS IFRS IFRS IFRS IFRS

Source: Cofisem - Last Update: 2024-03-20

Shareholder information
Amaranta S.r.l. 7.96 %
Group-owned stock 0.6 %
Other shareholders 21.94 %
CENTROTEC SE 11.12 %
Merloni Holding S.p.A. 58.38 %


Source: Cofisem - Last Update: 2024-03-20

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