De Longhi Spa (DELHF) Q1 2026 Earnings Call

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WEBVTT 00:00:00.487 -- 00:00:04.089 Good afternoon. This is the Corusco conference operator. 00:00:04.089 -- 00:00:10.191 Welcome and thank you for joining the de' Longhi first quarter 2026 consolidated results. 00:00:10.191 -- 00:00:13.593 As a reminder, all participants are in listen-only mode. 00:00:13.593 -- 00:00:17.535 After the presentation, there will be an opportunity to ask questions. 00:00:17.535 -- 00:00:21.957 Should anyone need assistance during the conference call, they may signal an operator 00:00:21.957 -- 00:00:24.838 by pressing star and zero on their telephone. 00:00:24.838 -- 00:00:28.120 At this time, I would like to turn the conference over to Mr. 00:00:28.120 -- 00:00:32.274 Fabio de' Longhi, Chief Executive Officer of de' Longhi. 00:00:32.274 -- 00:00:35.134 Please go ahead, sir. 00:00:38.216 -- 00:00:39.896 Thank you. 00:00:39.896 -- 00:00:42.577 Good afternoon, ladies and gentlemen, 00:00:42.577 -- 00:00:47.639 and thank you for joining the de' Longhi Group conference call for our 00:00:47.639 -- 00:00:50.319 first quarter 2026 00:00:50.380 -- 00:00:51.900 results. 00:00:51.900 -- 00:00:56.902 With me on the call today are Nicola Serafin, Group General Manager, 00:00:56.902 -- 00:01:03.549 Stefano Biella, CFO and Samuel Acchioletto, investor relations director and M&A manager. 00:01:03.549 -- 00:01:08.913 I'm pleased to announce that we have consolidated our recent action results with a solid 00:01:08.913 -- 00:01:14.017 start to the year, driven by exceptional momentum in the professional division and 00:01:14.017 -- 00:01:18.139 positive organic growth in the household segment. 00:01:18.641 -- 00:01:24.125 Despite the market environment characterized by volatility and geopolitical uncertainty, 00:01:24.125 -- 00:01:28.702 we remain fully ...