De Longhi Spa (DELHF) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good afternoon. This is the Corusco conference operator. Welcome and thank you for joining the de' Longhi first quarter 2026 consolidated results. As a reminder, all participants are in listen-only mode. After the presentation, there will be an opportunity to ask questions. Should anyone need assistance during the conference call, they may signal an operator by pressing star and zero on their telephone. At this time, I would like to turn the conference over to Mr. Fabio de' Longhi, Chief Executive Officer of de' Longhi. Please go ahead, sir. Thank you. Good afternoon, ladies and gentlemen, and thank you for joining the de' Longhi Group conference call for our first quarter 2026 results. With me on the call today are Nicola Serafin, Group General Manager, Stefano Biella, CFO and Samuel Acchioletto, investor relations director and M&A manager. I'm pleased to announce that we have consolidated our recent action results with a solid start to the year, driven by exceptional momentum in the professional division and positive organic growth in the household segment. Despite the market environment characterized by volatility and geopolitical uncertainty, we remain fully confident in the group agility and responsiveness. which have allowed us to navigate recent challenges effectively. The resilience is reflected in our consistent track record marked by significant revenue expansion and a steady improvement in profitability. Moreover, over the years, we've been able to further strengthen our global leadership copy by successfully capitalizing on the structural growth and premiumization of both the home and professional markets while simultaneously seizing strategic opportunities in key categories such as nutrition and irony. Starting with the auto for the professional division...