Ariston expects returned Russian Unit to 'gradually' contribute in 2025, confirms guidance

Ariston Holding

07/05/2025 12:47

May 7 (Reuters) - Italian water heating firm Ariston Holding ARIS.MI said on Wednesday it expects for 2025 a "gradual contribution" of its Russian unit.

The unit was returned into Ariston's possession last March, after Russian President Vladimir Putin annulled last year's decision to seize it.

Ariston also confirmed it expected a 2025 organic net revenue growth of 0-3%, and an adjusted EBIT margin above 7%.

The group specified that potential demand-side implications of tariffs were not included in the guidance.

 (Reporting by Philippe Leroy Beaulieu in Gdansk
Editing by Tomasz Janowski)

 ((Philippe.LeroyBeaulieu@thomsonreuters.com;))