De’Longhi with a profit boom

De’Longhi Group has approved the consolidated results as of 30 September 2023 which show a third quarter with a return to growth and an Ebitda at record levels. In light of the dynamics of strong recovery in profitability, the Group looks with optimism at the objectives for the year, confirming the revenue estimate.

In particular, the third quarter of the financial year shows:

revenues of €706.6 million , up 3.3% (8.1% at constant exchange rates);
an adjusted2 Ebitda of €105 million , equal to 14.9% of revenues (a marked improvement compared to 9.2% last yearpositive free cash flow of €14.3 million.As of 30 September 2023, the Group’s net financial position was positive by €326 million, an improvement of €27.2 million compared to the €298.8 million of 31 December 2022.

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