Brief: De' Longhi Q1 Net Profit Up To EUR 50.6 Mln

De Longhi SpA

12/05/2022 13:45

May 12 (Reuters) - De' Longhi SpA  DLG.MI :
    * Q1 REVENUE EUR 735.5 MILLION VERSUS EUR 678.7 MILLION YEAR
AGO
    * Q1 NET PROFIT EUR 50.6 MILLION VERSUS EUR 75.4 MILLION
YEAR AGO
    * Q1 ADJUSTED EBITDA OF € 100.1 MILLION, EQUAL TO 13.6% OF
REVENUES, COMPARING WITH 18.9% OF Q1-2021
    * CONFLICT BETWEEN RUSSIA, UKRAINE, WHICH LED GROUP TO
REVIEW
VALUATION OF SOME ASSETS RELATING TO UKRAINIAN MARKET AND
SUSPEND ALL INVESTMENTS AND DISTRIBUTION OF NEW SUPPLIES TO
RUSSIA

Further company coverage:  DLG.MI 

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