- De’ Longhi has improved its full-year revenue forecast to a growth range of 6% to 8%, compared to the previous forecast of 5% to 7%.
- The company now expects adjusted EBITDA to be between €590 million and €610 million, up from the previous range of €580 million to €600 million. The market estimate was €588.5 million.
- In the second quarter, De’ Longhi’s revenue was €829.0 million, marking an 8.4% year-on-year increase.
- The adjusted EBITDA for the second quarter was €124.4 million, a 12% increase year-on-year, surpassing the estimate of €120.3 million.
- Earnings before interest and taxes (Ebit) reached €87.7 million in the second quarter, up 11% compared to the previous year.
- Net income for the second quarter was €59.3 million, which represents an 8.2% increase year-on-year.
- Market analysts show confidence in De’ Longhi with 7 buy recommendations, 4 hold ratings, and no sell recommendations.
A look at De’ Longhi SpA Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 4 | |
| Resilience | 4 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
De’Longhi SpA, a renowned designer, manufacturer, and distributor of small domestic appliances globally, holds a promising long-term outlook based on the Smartkarma Smart Scores analysis. The company has received solid ratings across key factors that influence its performance. With favorable scores in Growth and Resilience, De’Longhi is positioned to expand steadily and navigate through challenges effectively. Furthermore, the company’s balanced scores in Value, Dividend, and Momentum indicate a stable and reliable market presence.
Having a diversified brand portfolio including De’Longhi, Kenwood, Braun, and Ariete, De’Longhi SpA stands as a significant player in the market segments of espresso coffee makers, food preparation, comfort, and home care. Leveraging its strengths in growth opportunities and resilience, De’Longhi demonstrates the potential for sustainable development and competitiveness in the industry. Overall, the company’s Smartkarma Smart Scores reflect a positive outlook based on its well-rounded performance across essential metrics.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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