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Thermador Groupe Faces Significant Revenue Drop

Thermador Groupe Faces Significant Revenue Drop

Thermador Groupe (FR:THEP) has released an update.

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Thermador Groupe reported a decrease of 16.1% in their first-half 2024 revenue compared to the previous year, alongside an average price reduction of 2.5%. The decline was observed across various sectors, with the equipment for central heating, solar, and sanitary water segment experiencing the most significant drop at 34.7%. Details of the half-year results will be published on their website and discussed in a webconference at the end of July.

For further insights into FR:THEP stock, check out TipRanks’ Stock Analysis page.

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