Coffee machines drive De' Longhi's 2025 profit above guidance
13/03/2026 13:01
March 13 (Reuters) - Italian appliance maker De' Longhi DLG.MI, known for its coffee machines, reported on Friday an adjusted core profit of 625.1 million euros ($716.9 million), above guidance and up 11.7% year-on-year, and said it expects this to increase to between 640 million and 660 million euros in 2026. "For 2026, while continuing to closely monitor the ongoing geopolitical uncertainties and potential effects on the macroeconomic scenario, we expect revenue growth at a mid-single-digit rate," CEO Fabio De' Longhi said in a statement. It said its coffee segment boosted the household business, helped by advertising efforts and new product launches Full-year revenue rose 10.4% to 3.8 billion euros, with group net profit reaching 316.3 million euros De' Longhi proposed an annual dividend of 0.85 euros per share Its net financial position at the end of 2025 was 770 million euros Its shares pared earlier losses after the results ($1 = 0.8720 euros) (Reporting by Mirko Miorelli; Editing by Kirsten Donovan) ((Mirko.miorelli@thomsonreuters.com))