Brief: De' Longhi 9-Month Net Profit Up At EUR 104.0 Mln

De Longhi SpA

10/11/2020 12:41

Nov 10 (Reuters) - De' Longhi SpA  DLG.MI :
    * 9-MONTH REVENUE EUR 1.47 BILLION VERSUS EUR 1.30 BILLION
YEAR
AGO
    * 9-MONTH NET PROFIT EUR 104.0 MILLION VERSUS EUR 71.8
MILLION
YEAR AGO
    * DE' LONGHI CEO SAYS REVISES YEAR-END GUIDANCE UPWARDS, IS
CONFIDENT COMPANY WILL BE ABLE TO CLOSE 2020 WITH ORGANIC GROWTH
IN REVENUES AT A HIGH SINGLE DIGIT RATE
    * DE' LONGHI CEO SAYS GROUP IS CONFIDENT TO BE ABLE TO CLOSE
2020
WITH ADJUSTED. EBITDA INCREASING BOTH IN VALUE AND AS PERCENTAGE
OF REVENUES
    * BOARD RESOLVES TO RENEW PROPOSAL FOR DISTRIBUTION OF
DIVIDEND OF
SAME AMOUNT AS THAT PROPOSED AT TIME OF APPROVAL OF 2019 FY
STATEMENTS

Source text for Eikon:  ID:nBIAbPD8J1 
Further company coverage:  DLG.MI 

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