De’Longhi S.p.A. (IT:DLG) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
De’Longhi S.p.A. reported strong financial performance for the first nine months of 2024, with a 14% increase in third-quarter revenues to €805.5 million and a 25% rise in adjusted EBITDA to €131.1 million. Over the nine months, the company achieved a net profit of €173.8 million, marking a 22.2% growth, supported by a positive net financial position of €266.1 million. This robust growth highlights De’Longhi’s successful strategies in navigating the current market landscape.
For further insights into IT:DLG stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue