Relationship with our shareholders

Institutional investors

To meet our investors, we attend trade shows each year, with an average of ten interviews per day.

  • 2 days at the Forum Oddo Midcap in January in Lyon.
  • 1 SFAF meeting for the publication of the annual results.
  • 1 day at l’ESN European Conference with CM-CIC Market solutions in March in Paris.
  • 1 day at Forum Midcap Partner in May in Paris.
  • 1 SFAF meeting in September for the publication of the half-yearly results.
  • 1/2 day at a road show with Portzamparc in September in Paris.
  • 2 days at Forum Midcap Events in October in Paris.

Throughout the year, we have numerous contacts by telephone, face-to-face, or during road shows organised for the most part in Paris. Investors are particularly attracted to the simple and direct contact that they can have with the Chairman and CEO and Deputy CEO.

In 2017, we started to communicate at the same time on LinkedIn and on Twitter.

Individual shareholders

All shareholders with at least one share receive the annual report, letters to shareholders and our invitation to the Annual General Meeting.

To our knowledge, we are one of the few companies to do so. This practice has resulted in us having a growing number of individual shareholders (5,894 at the November 2017 TPI) who represent 31.1% of our capital (the average for companies listed on the Stock Exchange is under 10%).

Our AGMs bring together almost 210 people, and our shareholders’ meeting in Paris around 180 people.

Each November, at the Palais des Congrès, Porte Maillot in Paris, we have a stand at the Actionaria show, which allows us to meet hundreds of our shareholders from the Paris area and get ourselves known to increase our spread of shareholders. Guillaume Robin, Jean-François Bonnefond, Patricia Mavigner, Yves Ruget, Arlette Berliocchi and Aurore Rodrigues were on the stand.

Partnership with F2iC

In partnership with F2IC (a Federation of Individual Investors and Investment Clubs), we met 353 individual shareholders in Lyon and Bordeaux. Many discovered our company for the first time.

62% of participants handed in a feedback questionnaire, 59% of whom declared that they were intending to purchase Thermador Groupe shares.

We particularly thank Interparfums, Wavestone, Seb and Bic who kindly agreed to share these two meetings with us.

Fédération des Investisseurs Individuels et des Clubs d'investissement

EMployee shareholders

They hold 4.1% of capital, indirectly or via Thermador Groupe FCPE (mutual fund). Signatories of a stock exchange charter, they can only intervene on the market 4 times per year during the trading windows of 3 weeks further to the publication of turnover (1st and 3rd quarter) and results (1st half and annual

In 2017, we took the initiative of inviting them to a preAGM meeting to take the time to explain the workings of governance, the role of independent Board members and the resolutions tabled.The same meeting with all employees will take place again 2018.

Traditionally, shareholder employees are good AGM attendees. There were around 70 of them at the 2017 edition.

It was with great pride that we received the “FAS Grand Prix” for employee shareholding, awarded by a jury of independent experts from FAS (Fédération Française des Associations d’Actionnaires Salariés et Anciens Salariés).

Development of one part of the Thermador Groupe's collective employee shareholding plan