BIT:DLGConsumer Durables
De'Longhi (BIT:DLG) Stock Rises On Profit Strength And Valuation Debate
De'Longhi stock has been grinding higher for months, with a 90 day gain of about 22.5% heading into this Q2 print. Today's report gives investors a clearer reason for that confidence. Revenue for the quarter landed at €898.6m and net income reached €79.7m, numbers that sit inside a broader 12 month picture of €3.9b in sales and €341.1m in net profit.
The real story now shifts from the quarterly headline to what those steady margins and earnings mean for valuation. A P/E of 17.7x against a...