De'Longhi (BIT:DLG) Third Quarter 2024 Results
Key Financial Results
- Revenue: €810.2m (up 14% from 3Q 2023).
- Net income: €67.6m (up 14% from 3Q 2023).
- Profit margin: 8.3% (down from 8.4% in 3Q 2023). The decrease in margin was driven by higher expenses.
- EPS: €0.45.
All figures shown in the chart above are for the trailing 12 month (TTM) period
De'Longhi Earnings Insights
Looking ahead, revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Consumer Durables industry in Italy.
Performance of the Italian Consumer Durables industry.
The company's shares are up 12% from a week ago.
Risk Analysis
What about risks? Every company has them, and we've spotted 1 warning sign for De'Longhi you should know about.
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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.
About BIT:DLG
De'Longhi
Produces and distributes coffee machines, food preparation and cooking machines, air conditioning and heating, domestic cleaning and ironing, and home care products.
Flawless balance sheet with solid track record and pays a dividend.
