De’Longhi S.p.A. (IT:DLG) has released an update.
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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.
