Quick update Thermador & Some thoughts on Defence stocks
Thermador 2024 numbers
Thermador released 2024 numbers last Friday. The most positive part of the release is the fact that Thermador manages to put everything you need to know on two pages without any BS. The numbers were clearly not good, with sales down -13,5% in 2024 and profit down -23,3%:


On the positive side, Thermador seems to continue to look for acquisition targets: