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Ariston Group: Thermal Comfort | Ariston GroupExperience superior thermal comfort with Ariston Group's innovative cooling, heating and water solutions. Discover more at Ariston Group.Ariston Group: Thermal Comfort | Ariston Group Downloads News IT Our Group Brands and Solutions People Sustainability Investors Our Culture Our Values Our Heritage About Us Our Operations R&D Governance Board of Directors and Committees Whistleblowing Executive Team All our Brands Ariston Elco Wolf All our Solutions Climate Comfort Water Heating Services Our People Our Behaviors Our ESG History Our Road to 100 Solutions Operations People & Communities Customers Governance Investor Relations Financial Calendar Press Releases Presentations Shareholders and Dividends Our Group Our Culture Our Values Our Heritage About Us Our Operations R&D Governance Board of Directors and Committees Whistleblowing Executive Team Brands and Solutions All our Brands Ariston Elco Wolf All our Solutions Climate Comfort Water Heating Services People Our People Our Behaviors Sustainability Our ESG History Our Road to 100 Solutions Operations People & Communities Customers Governance Investors Investor Relations Financial Calendar Press Releases Presentations Shareholders and Dividends Downloads News IT Your browser does not support the video tag. Sustainable comfort for everyone Annual Report 2025 Investors Company Report 2025 Our Group Road to 100 SUSTAINABILITY DOCUMENTARY Tenacity and Gentleness: the Vision of Francesco Merloni A documentary tells the life and legacy of Francesco Merloni, an enlightened industrialist and politician who combined a forward-looking vision with humanity and a strong sense of duty. A production of the Aristide Merloni Foundation created by Sky, it will be available in November. Your browser does not support the video tag. OUR VISION AND VALUES Our vision is sustainable comfort for everyone In 2025, we celebrate the 95th anniversay of our foundation.   We have more than 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. DISCOVER OUR CULTURE DISCOVER OUR CULTURE OUR GROUP IN NUMBERS For more than 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. GO TO INVESTORS GO TO INVESTORS REVENUES 2025   2.7 billion euro +3.0% YoY organic EBIT ADJ. 2025 193 million euro 7.1% margin FREE CASH FLOW 2025 125 million euro vs. 152 in 2024 Full Year 2024 Analyst Presentation 05.03.2025 Full Year 2024 Press Release 05.03.2025 GO TO INVESTORS GO TO INVESTORS A MESSAGE FROM THE CHAIRMAN 2025 was a year of strong strategic progress for Ariston Group. We strengthened our industrial and innovation capabilities, expanded in high potential markets, and advanced our scale and leadership through the Riello agreement and the joint venture with Lennox. We continue to pursue opportunities with a strong strategic fit to further reinforce our global position in sustainable climate and water comfort. Paolo Merloni EXECUTIVE CHAIRMAN Useful documents Everything about Ariston Group: corporate publications, policies, and other materials. VIEW ALL DOCUMENTS Code of Ethics Annual Report 2025 Company Report 2025 VIEW ALL DOCUMENTS OUR PRESENCE Today, we are positioned among the leading players in the global thermal comfort industry 41 Countries all over the world >170 Distribution countries 32 Production sites in 18 countries 31 R&D centers in 15 countries 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 more than 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 combustion technology complete our offering. DISCOVER OUR SOLUTIONS DISCOVER OUR SOLUTIONS Climate Comfort Climate Comfort Water Heating Water Heating Services Services Air Handling Air Handling Components Components Combustion Technologies Combustion Technologies DISCOVER OUR SOLUTIONS DISCOVER OUR SOLUTIONS 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, Wolf and Elco - along with renowned regional and local brands. Components and combustion technology are marketed respectively with Thermowatt and Ecoflam brands. thermal comfort Combustion Technologies Components We hold a leadership position in thermal comfort through our strategic global brands - Ariston, Wolf and Elco - along with renowned regional and local brands. Components and combustion technology are marketed respectively with Thermowatt and Ecoflam brands. DISCOVER OUR BRANDS DISCOVER OUR BRANDS 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 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 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. Discover Road to 100 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 Our commitment is to be a decarbonised business with a circular approach. To guide our emission reduction strategy, we have set near-term targets that were validated by the SBTi. We are also focused on engaging our supplier base in our ESG journey. People & Communities Our commitment is to empower people to achieve more. We work to develop a meaningful and comprehensive people experience. We are also implementing educational activities to foster awareness on sustainable comfort, thus favoring the enhancement of local communities. Customers Our commitment is to exceed expectations through an excellent customer experience. We strive towards further proximity to our customer base. We also leverage on quality to strengthen customers' loyalty. Governance Our commitment is to create value responsibly. We are building an increasingly structured and solid sustainable governance, while developing policies, strategies, and tools related to diversity, remuneration, risk management, tax strategy, and business conduct. Download Road to 100 Download Road to 100 news What's new at Ariston Group read all news Aristide Merloni Foundation and Ariston Group pay tribute to... 18.09.2025 Ariston Group announces the construction of a new factory in Albacina, Italy, dedicated to... 22.09.2025 Ariston Group has signed an agreement to acquire a brand-new manufacturing facility in... 20.10.2025 Sustainable comfort for everyone Legal Seat: Amsterdam, The Netherlands   Business Address: Via Broletto 44, 20121, Milan, Italy   Capitale sociale: 46.476.001,99€   C.F.: IT 00760810572    P.Iva: IT 01527100422   KVK Reg. nr. 83078738   Vestigingsnr. 000049275437 Follow us on Our Group Brands Solutions People Sustainability Investors Suppliers ©2024 Ariston Holding N.V. Cookie Policy Privacy Policy Regulated infoenenhttps://aristongroup.com

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