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De'Longhi S p A : De' Longhi 1H & Q2 2025 results
De'Longhi S p A : De' Longhi 1H & Q2 2025
About this update from De'longhi S.p.a.
H1 & Q2 2025 Presentation July 31 st 2025 H1 & Q2 2025 Results In this presentation: "Adjusted" stands for before non recurring items and cost of the share-based plans; "Constant exchange rates" means excluding the effects of exchange rates' variations and of hedging derivatives; "pro-forma" means including the consolidation of La Marzocco for 6 months in H1 2024; "ForEx" or "FX" stand for Foreign Exchange Rates; "M" stands for million and "bn" stands for billion; "Q2" stands for second quarter (April 1 st - June 30 th ); "H1" stands for first half year (January 1 st - June 30 th ); "NWC" stands for Net Working Capital; "Capex" stands for capital expenditures, i.e. investments in fixed assets; "FCF" stands for free cash flow before dividends, buyback and M&A; "Professional division" means the business combination between La Marzocco & Eversys; "Household division" includes the business not part of the professional division. 3 DéLonghi Group «PERFETTO DISTRICT» BY DE'LONGHI AT THE MILAN DESIGN WEEK Rivelia limited edition designed by ScombinAnto Attention : This is an excerpt of the original content. To continue reading it, access the original document here .