Ariston Group Reports Stable Revenue During Q1 2026
- brg_news_room
- 3 days ago
- 1 min read
Italy: Ariston Group reported net revenues of EUR 656.1 million in Q1 2026, marking a 1.2% year on year increase, while organic revenue remained broadly stable. The company posted an adjusted EBIT of EUR 34 million with a margin of 5.2%, supported by continued growth in renewable heating solutions, particularly heat pumps in Europe and Germany. However, weak demand in the gas boiler segment across Europe and slower water heating demand in the United States impacted overall performance.
The company confirmed its full year 2026 guidance, expecting organic revenue growth between 1% and 4% along with an adjusted EBIT margin of 7% to 8%. Ariston stated that geopolitical tensions in the Middle East and currency fluctuations affected quarterly operations and increased costs during the period. Free cash flow remained negative due to seasonal working capital trends and deferred capital expenditure payments from late 2025. Despite these challenges, the company indicated a positive start to Q2 2026 driven by recovery in European heating demand and continued momentum in electrification solutions.
Source: Ariston Group Media
