2015 was a year of growth for Ariston Thermo
that brought us great results in sales
and profitability. These results can be even
better appreciated considering the strong
political and economic turmoil affecting
many important world economies, not to mention
the effects of the ErP Directive coming into force.
In 2015 we successfully carried out our plans
to strengthen our organisation, with significant
branch openings whilst expanding our product
lines. Indeed, never before, as in this period,
has our product portfolio benefited from such
We have also renewed our
commitment to build up our brands through
continued significant investment. As in previous years,
we have progressed on our path of external growth
as well. Gastech-Energi, number one in Denmark
for domestic boiler maintenance services, and SPM,
French leader in burner technology, were brought
into our Group in 2015. Lastly, we have completed
an important buy-back transaction, providing us
with greater flexibility in seizing future growth
opportunities. We are fully aware of the difficult
challenges awaiting us in the future. Nevertheless,
we look at the future, especially at 2016,
with renewed confidence and determination.
We shall continue our work in countries with high
economic growth, as we bring culture, organisation
and products even closer to local demand,
improving our understanding of it to better meet
its needs. At the same time we shall endeavour
to strengthen our presence in mature markets,
where we are already among the leaders.
As we sharpen our focus on product innovation,
through the increased commitment of human
and financial resources, we shall be able to offer
even more efficient products and solutions, which
are linked to and respectful of the environment.
In the end, we are working to further improve the
performance of our operations, in terms
of quality, efficiency and levels of service,
so that we can guarantee our customers
even higher levels of satisfaction.
These are just a few of the ingredients for our
future development. Among all of them, the most
important are to be found in our people.
Their skills and energy are the main drivers
of our development. It is only thanks to those
people that Ariston Thermo will see continued growth well into the future and will contribute to improving our customers’ quality of life, while
helping to preserve the environment.