{"id":4646,"date":"2026-05-12T21:37:00","date_gmt":"2026-05-12T19:37:00","guid":{"rendered":"http:\/\/stocks-future.com\/?guid=a99a3a5e17a8536012de6bfb95f50c7c"},"modified":"2026-05-12T21:37:00","modified_gmt":"2026-05-12T19:37:00","slug":"de-longhi-group-6-6-growth-at-constant-exchange-rates-and-accelerated-net-profit-solid-results-fully-support-guidance","status":"publish","type":"post","link":"https:\/\/stocks-future.com\/?p=4646","title":{"rendered":"De&rsquo; Longhi Group &#8211; 6.6% Growth at Constant Exchange Rates and Accelerated Net Profit: Solid Results Fully Support Guidance"},"content":{"rendered":"<p class=\"bwalignc\">\n<i>The Group closed another quarter with robust organic growth, driven by the excellent expansion of the professional division, with turnover growing significantly and representing 18% of the Group's total for the period, and by the positive performance of the household<\/i><\/p><p>TREVISO, Italy--(BUSINESS WIRE)--The Board of Directors of De' Longhi S.p.A. approved the consolidated results <sup>1<\/sup>for the first quarter of 2026:<\/p><br\/><a href=\"https:\/\/mms.businesswire.com\/media\/20260512247266\/en\/2803092\/5\/De%27_Longhi_Group%27s_logo.jpg\"><img src=\"https:\/\/mms.businesswire.com\/media\/20260512247266\/en\/2803092\/22\/De%27_Longhi_Group%27s_logo.jpg\" \/><\/a><br\/><a href=\"https:\/\/mms.businesswire.com\/media\/20260512247266\/en\/2803092\/5\/De%27_Longhi_Group%27s_logo.jpg\"><img src=\"https:\/\/mms.businesswire.com\/media\/20260512247266\/en\/2803092\/21\/De%27_Longhi_Group%27s_logo.jpg\" \/><\/a><p>\nIn the <b>first quarter <\/b>the Group achieved:<\/p><ul class=\"bwlistcircle\">\n<li>\nrevenues of \u20ac 777.7 million, up 3% (+6.6% at constant exchange rates);<\/li>\n<li>\nadjusted <sup>2<\/sup>Ebitda of \u20ac 125.9 million, equal to 16.2% of revenues (15.4% in Q1-25);<\/li>\n<li>\nnet profit (pertaining to the Group) of \u20ac 61.7 million, equal to 7.9% of revenues and up 7.5% compared to the previous year;<\/li>\n<li>\nnet financial position at the end of March 2026 of \u20ac 720.5 million.<\/li>\n<\/ul><p>\nCEO Fabio de' Longhi commented: <i>\u201cThe start of 2026 was marked by solid revenue growth of 6.6% at constant exchange rates, continuing the excellent performance achieved in recent years. The professional division's strong expansion sustained its momentum, with revenue growing by over 40% and now representing approximately 18% of total quarterly turnover. Simultaneously, we are pleased with the positive organic performance of the household division, which resumed its growth trajectory after successfully absorbing excess market inventory in January.<\/i><\/p><p>\n<i>In this context of market expansion, our brands' diverse communication activities are proving highly effective, amplified by an integrated 'paid and earned' media strategy. A primary example was Milan Design Week, where the Group took center stage with two spaces dedicated to the evolution of coffee. On one side, 'The Smallest Coffee Shop at Home'\u2014an original collaboration with miniaturist Simon Weisse\u2014transformed De'Longhi machines into iconic global caf\u00e9s. On the other, the CASA La Marzocco space celebrated high craftsmanship alongside Officine Fratelli Bambi and Modbar, further enhanced by the launch of a limited-edition collection with the design brand POLSPOTTEN.<\/i><\/p><p>\n<i>This solid revenue trend, combined with a favorable mix driven by the professional division, has allowed the Group to achieve significant margin expansion and accelerated net profit growth. In light of the progressive improvement during the first quarter\u2014confirmed by a favourable start to the second\u2014and the normalization of exchange rate effects, we reaffirm our 2026 forecast of mid-single-digit revenue growth and an adjusted EBITDA between \u20ac640 and \u20ac660 million, while continuing to closely monitor the evolving geopolitical landscape.\u201d<\/i><\/p><p>\n________________________________\n<br\/><sup>1<\/sup> <i>Non audited data\n<br\/><\/i><sup>2<\/sup> <i>adjusted\u201d means before non recurring income \/ expenses and share-based incentive plan<\/i><\/p><br\/> <b>Contacts<\/b> <br\/><p class=\"bwalignl\">\nContacts: <a  href=\"mailto:investor.relations@delonghigroup.com\" rel=\"nofollow\" shape=\"rect\">investor.relations@delonghigroup.com<\/a> on the web: <a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.delonghigroup.com&amp;esheet=54534466&amp;newsitemid=20260512247266&amp;lan=en-US&amp;anchor=www.delonghigroup.com&amp;index=1&amp;md5=5e361ee4a6d16b5076c21a67ecd60a90\" rel=\"nofollow\" shape=\"rect\">www.delonghigroup.com<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>The Group closed another quarter with robust organic growth, driven by the excellent expansion of the professional division, with turnover growing significantly and representing 18% of the Group&rsquo;s total for the period, and by the positive performance &#8230;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-4646","post","type-post","status-publish","format-standard","hentry","category-infos-businesswire"],"_links":{"self":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/4646","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4646"}],"version-history":[{"count":1,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/4646\/revisions"}],"predecessor-version":[{"id":4647,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/4646\/revisions\/4647"}],"wp:attachment":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4646"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4646"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4646"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}