Business
De'Longhi S p A : Financial Reports 1Q 2026
De'Longhi S p A : Financial Reports 1Q
About this update from De'longhi S.p.a.
INTERIM FINANCIAL REPORT AT 31 MARCH 2026 Intentionally blank page Corporate Bodies * Board of Directors Fabio de' Longhi Chairman and Chief Executive Officer Silvia de' Longhi Vice Chairman Massimiliano Benedetti** Director Ferruccio Borsani** Director Luisa Maria Virginia Collina Director Christophe Olivier Cornu ** Director Cristina Finocchi Mahne ** Director Carlo Garavaglia Director Carlo Grossi ** Director Micaela Le Divelec Lemmi ** Director Stefania Petruccioli Director Nicola Serafin Director Board of Statutory Auditors Cecilia Andreoli Chairman Alessandra Dalmonte Standing auditor Marcello Francesco Priori Standing auditor Gianluca Bolelli Alternate auditor Daniela Travella Alternate auditor External Auditors PricewaterhouseCoopers S.p.A. *** Control, Risks, Corporate Governance and Sustainability Committee Micaela Le Divelec Lemmi ** Chairman Cristina Finocchi Mahne ** Stefania Petruccioli Remuneration and Appointments Committee Carlo Grossi ** Chairman Ferruccio Borsani** Carlo Garavaglia Independent Committee Ferruccio Borsani** Chairman and Lead Independent Director Carlo Grossi ** Micaela Le Divelec Lemmi ** * The current corporate bodies were appointed during the Shareholders' Meeting held on 30 April 2025 for the three-year period 2025-2027. ** Independent directors. *** Assigned by the Shareholders' Meeting held on 19 April 2018 for the financial years 2019-2027. Key performance indicators Results 1st Quarter % 1st Quarter % Change Change % (€/million) 2026 2025 Revenues 777.7 100.0% 755.2 100.0% 22.4 3.0% Revenues at constant exchange rates 803.0 100.0% 753.1 100.0% 49.9 6.6% Net industrial margin 415.3 53.4% 394.8 52.3% 20.5 5.2% EBITDA adjusted 125.9 16.2% 116.3 15.4% 9.6 8.3% EBITDA 122.1 15.7% 111.9 14.8% 10.2 9.1% EBIT 91.4 11.7% 80.2 10.6% 11.2 14.0% Net Result 71.9 9.3% 62.8 8.3% 9.1 14.5% Net Result pertaining to the Group 61.7 7.9% 57.4 7.6% 4.3 7.5% Statement of financial position (€/million) 31/03/2026 31/03/2025 31/12/2025 Net operating working capital 226.5 230.9 100.8 Net operating working capital/Revenues 5.9% 6.4% 2.7% Net working capital (5.7) 84.9 (149.4) Net capital employed 1,609.7 1,764.5 1,454.3 Net financial assets 720.5 482.8 770.0 of which: - net bank financial position 801.8 596.7 861.5 - other financial receivables/(payables) (81.3) (113.9) (91.5) Net equity 2,330.2 2,247.3 2,224.3 Introduction and definitio...