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Somfy : Presentation of 2021 Half-Year Results

09/09/2021 | 04:52am

PRESENTATION OF 2021

HALF-YEAR RESULTS

9 September 2021

1

HIGHLIGHTS

Strong sales growth, up 41.5% compared with 2020

Net profit of €183.4 million over the half-year with a significant increase in current operating margin

Strengthening of measures implemented to limit the impact of the severe ongoing pressures on the electronic component and raw material markets

Development of new products & innovations: TaHoma® switch, Oximo Solar io, Home Alarm Advanced

Integration on 1 January 2021 of Répar'stores, French leader in the repair and upgrade of roller blinds

2

KEY FIGURES

€805.0 m +41.5%

26.6% +860 bps

€183.4 m +126.7%

€517.5 m

€206.5 m +75.5%

Sales

Current operating

Net profit

Net financial

Cash flow

margin

surplus

3

NEW GOVERNANCE

Separation of the functions of Chairman and CEO

Pierre Ribeiro,

Jean Guillaume Despature,

Chief Executive Officer

Chairman of the Board of Directors

Valérie Dixmier,

Michel Rollier,

Deputy Chief Executive Officer

Vice-Chairman of the Board of Directors

In charge of People, Culture and Organization

Creation of 4 Board specialist committees

AUDIT AND

APPOINTMENT AND

STRATEGY

SUSTAINABLE

RISK

REMUNERATION

COMMITTEE

DEVELOPMENT

COMMITTEE

COMMITTEE

COMMITTEE

4

UPDATE ON MARKET ENVIRONMENT

Presentation of 2021 half-year results

5

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Somfy SA published this content on 09 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 September 2021 08:51:04 UTC.

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