Q3 2024 De' Longhi SpA Earnings Call Transcript

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Nov 12, 2024

Nov 12, 2024 / NTS GMT
Operator

Good afternoon. This is the Chorus Call conference operator. Welcome, and thank you for joining the De'Longhi third-quarter 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 - De'Longhi SpA-Executive Deputy Chairman of the Board - Chief Executive Officer

Thank you. Good afternoon, ladies and gentlemen, and welcome to the De'Longhi Group nine months 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 and M&A Manager; and Saya Mazzucato, IR Specialist.

In the first quarter, the group revenue climbed by 14% following La Marzocco consolidation and expansion of the Household business, which recorded another strong quarterly performance, accelerating from the first

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