Italy · Delayed Price · Currency is EUR De'Longhi Earnings Call Transcripts
Fiscal Year 2026
-
Strong Q1 2026 results driven by 40% growth in the professional division and resilient household performance, with robust Americas and Asia Pacific contributions. Guidance for mid-single-digit revenue growth and EUR 640–660 million adjusted EBITDA reaffirmed, despite geopolitical and tariff risks.
Fiscal Year 2025
-
Revenue grew 10.4% at fixed FX, with strong professional and household division performance. Adjusted EBITDA margin rose to 16.4%, and 2026 guidance targets mid-single-digit growth amid currency and cost headwinds. M&A and buybacks remain capital allocation priorities.
-
Q3 2025 saw double-digit revenue growth and record margins, with both divisions outperforming the market. Full-year guidance was raised for both revenue and EBITDA, despite tariff and logistics headwinds. Professional coffee and at-home coffee segments remain key growth drivers.
-
Strong H1 2025 growth driven by both divisions, with upgraded guidance and industry-leading margins. Tariff and macroeconomic headwinds persist, but mitigation strategies and robust brand investments support continued momentum.
-
Q1 2025 saw 14.6% revenue growth, margin expansion, and strong performance in both household and professional divisions, with guidance for 2025 reaffirmed despite tariff headwinds. Inventory was elevated for risk mitigation, and the Starbucks project halt had no impact on outlook.
Fiscal Year 2024
-
2024 saw double-digit revenue and EBITDA growth, record cash flow, and a strengthened market position, especially in coffee and nutrition. Outlook for 2025 is positive, with 5–7% turnover growth and continued margin resilience despite tariff headwinds.
-
Q3 2024 saw 14% revenue growth, margin expansion, and strong cash flow, led by coffee and nutrition segments. Full-year guidance was raised, with robust U.S. and European performance, and La Marzocco and new product launches driving results. La Marzocco and Eversys integration, plus new Nespresso markets, support future growth.
-
Q2 2024 saw 11% revenue growth, margin expansion, and strong cash flow, driven by coffee and nutrition segments and the La Marzocco acquisition. Guidance for 2024 is reaffirmed, with robust performance expected despite ongoing macroeconomic uncertainty.