Italy's De' Longhi raises 2025 outlook
12/11/2025 10:56
Nov 12 (Reuters) - Italian appliance maker De' Longhi DLG.MI raised its financial guidance for 2025 for the second time this year on Wednesday after posting a 16.3% rise in its third-quarter earnings. De' Longhi said it now expects its revenue to grow between 7.5% and 8.5% this year, compared to its previous forecast for a 6-8% growth. It sees its adjusted EBITDA in the range of 610 million euros and 620 million euros ($711.4 million - $723 million), versus the 590-610 million it expected earlier. Shares in the company rose 8% as of 1054 GMT. ($1 = 0.8575 euros) (Reporting by Mirko Miorelli, editing by Anna Pruchnicka) ((Mirko.Miorelli@thomsonreuters.com;))