De'Longhi Reports Full Year 2024 Earnings

De'Longhi (BIT:DLG) Full Year 2024 Results

Key Financial Results

• Revenue: €3.50b (up 14% from FY 2023).
• Net income: €310.7m (up 24% from FY 2023).
• Profit margin: 8.9% (up from 8.2% in FY 2023). The increase in margin was driven by higher revenue.

All figures shown in the chart above are for the trailing 12 month (TTM) period

De'Longhi Earnings Insights

The primary driver behind last 12 months revenue was the Europe segment contributing a total revenue of €2.15b (62% of total revenue). Notably, cost of sales worth €2.63b amounted to 75% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to €311.0m (56% of total expenses). Explore how DLG's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Consumer Durables industry in Italy.

Performance of the Italian Consumer Durables industry.

The company's shares are down 5.6% from a week ago.

Risk Analysis

You should learn about the 2 warning signs we've spotted with De'Longhi.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary 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. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.