Thermador Groupe (THEP) Q2 2026 TU earnings summary

Executive summary

• Turnover for the first half of 2026 reached €287.95 million, up 11.3% year-over-year and 5.6% at constant scope.

• Q2 2026 turnover grew 13.0% year-over-year and 7.0% at constant scope.

• Estimated selling price variation effect was -0.9%.

Segment performance

• Mecafer and Domac turnover increased 9.3% year-over-year.

• Odrea saw a 10.8% decline in turnover year-over-year.

• DPI posted a 26.5% increase in turnover year-over-year.

• Axelair turnover rose 25.8% year-over-year.

• Sferaco turnover grew 8.0% year-over-year.

Significant events and developments

• C2AI acquisition consolidated from July 1, 2025; Quilinox acquisition consolidated from October 1, 2025.