De’Longhi Group posted a strong third quarter, with high-end coffee machines doing most of the heavy lifting.

The headline numbers

– Consolidated revenue: €944.9 million, up 7.7% year on year (+7.3% at constant exchange rates)
– Adjusted EBITDA: €171.6 million, up 15.2%
– EBITDA margin: 18.2% of revenue, an improvement of 120 basis points
– Group net profit: €84.5 million, up 19%

Consumer business: coffee leads

The Consumer (Household) division brought in €784.6 million, up 3.6% (+3.1% at constant FX), extending the positive run of recent quarters. Home coffee was the star, growing at a mid-to-high single-digit rate. De’Longhi credits premium super-automatic machines and fresh product launches.

Nutrition also grew at a low single-digit pace, helped by Kenwood kitchen machines and Braun hand blenders.

Where it’s weaker

The remaining categories fell at a low-teens rate. Braun’s garment-steaming systems performed well, but that wasn’t enough to offset a drop in comfort products (heating and cooling), which had surged in the first half of the year.

Marketing push

De’Longhi is still spending on marketing, with a focus on digital and consumer engagement. The headline campaign is a global ad featuring Brad Pitt, “Hot or Cold, Always Perfetto,” promoting the Duo coffee machine line.

Outlook raised

The company is sticking with its goal of mid-single-digit revenue growth, and it has lifted its 2026 Adjusted EBITDA guidance again, to €685–705 million from €670–690 million.

Why it matters

The quarter shows how much premium coffee now carries the appliance market. Customers keep trading up to high-end machines even as other categories wobble, and the comfort slump is a reminder of how weather and demand cycles can swing seasonal products.