De'Longhi SpA (LTS:0E5M)
€ 26.86 -0.11 (-0.41%) Market Cap: 4.08 Bil Enterprise Value: 3.87 Bil PE Ratio: 14.69 PB Ratio: 2.21 GF Score: 93/100

Q2 2024 De' Longhi SpA Earnings Call Transcript

Jul 31, 2024 / NTS GMT
Release Date Price: €29.27 (-3.08%)
Operator

Good afternoon. This is the Chorus Call conference operator. Welcome, and thank you for joining the De' Longhi first-half 2024 consolidated results. (Operator Instructions)

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.

Fabio de;Longhi;Longhi SpA;Executive Deputy Chairman of the Board
De;Chief Executive Officer

' - '- -

Good afternoon, ladies and gentlemen, and welcome to the De' Longhi Group first-half 2024 results conference call. Today, together with me are Nicola Serafin, Group General Manager; Marco Cenci, Chief Planning and Control Officer; Stefano Biella, CFO; Samuele Chiodetto, Investor Relations Director, M&A Manager; and Sara Mazzocato, IR Specialist.

The group maintained its upward momentum in the second quarter, demonstrating yet again its ability to realize consistent growth in the core business segment and at the same time, noticeably improving profit margins. Turnover went up by

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