Brief: De' Longhi SpA Says Estimates An Increase In Turnover For Three-Year Period 2024-2026 With A CAGR At Constant Exchange Rates Of 7% To 9%

De Longhi SpA

27/05/2024 19:04

May 27 (Reuters) - De' Longhi SpA  DLG.MI :
    * ESTIMATES AN INCREASE IN TURNOVER FOR THREE-YEAR PERIOD
2024-2026 WITH A CAGR AT CONSTANT EXCHANGE RATES OF 7% TO 9%
    * PROFITABILITY IS EXPECTED TO IMPROVE OVER 3 YEARS, WITH
ADJUSTED
EBITDA AS % OF REVENUES INCREASING BY 130-230 BASIS POINTS BY
2026
    * CASH GENERATION, BEFORE DIVIDENDS AND ANY EXTRAORDINARY
OPERATIONS, IS EXPECTED ON AVERAGE BETWEEN EUR 280 M AND EUR 320
M PER YEAR
    * THIS IMPROVEMENT IS IN LINE WITH PROGRESSION ANTICIPATED
IN
CURRENT GUIDANCE RELATING TO 2024

Source text for Eikon:  ID:nINF4r8t4v 
Further company coverage:  DLG.MI 

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