De’Longhi S.p.A. (IT:DLG) has released an update.
Don't Miss our Black Friday Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
De’Longhi S.p.A. reported strong financial performance for the first nine months of 2024, with a 14% increase in third-quarter revenues to €805.5 million and a 25% rise in adjusted EBITDA to €131.1 million. Over the nine months, the company achieved a net profit of €173.8 million, marking a 22.2% growth, supported by a positive net financial position of €266.1 million. This robust growth highlights De’Longhi’s successful strategies in navigating the current market landscape.
For further insights into IT:DLG stock, check out TipRanks’ Stock Analysis page.