Fourth quarter with clear growth allowed De’Longhi to surprise the markets with an expanding balance sheet in terms of margins and cash generation the Group increased sales by 4.7% (8% at constant exchange rates) with Ebitda margins equal to 16.6% of revenues (a marked improvement compared to 14.6% last year). In the 12 months, turnover fell by 2.6% (-0.2% at constant exchange rates) but Ebitda went from 11.5 to 14.4% of revenues.Net profit almost doubled from 364 to 663 million euros and 40% will be turned over to shareholders who will receive a dividend of 0.67 euros.The growth of Eversys’ professional coffee machines was significant, maintaining a sustained expansion trend throughout the year, achieving a turnover of over 30% in the twelve months.
