De'Longhi SpA (OTCPK:DELHF)
$ 31.52 0 (0%) Market Cap: 4.49 Bil Enterprise Value: 4.13 Bil PE Ratio: 15.80 PB Ratio: 2.38 GF Score: 97/100

Q2 2023 De' Longhi SpA Earnings Call Transcript

Jul 28, 2023 / NTS GMT
Release Date Price: $22.3
Operator

Good afternoon. This is the Chorus Call conference operator. Welcome, and thank you for joining the De'Longhi First Half 2023 Consolidated Results Presentation. (Operator Instructions) At this time, I would like to turn the conference over to Mr. Fabio de' Longhi, Chief Executive Officer of De'Longhi. Please go ahead, sir.

Fabio de;Longhi;Longhi S.p.A.;Vice Chairman;CEO
De

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Thank you. Good afternoon, ladies and gentlemen, and welcome to the De'Longhi Group's Second Quarter 2023 Results Conference Call. Today, together with me are Nicola Serafin, Group General Manager; Marco Cenci, Chief Strategy and Control Officer; Stefano Biella, CFO; Fabrizio Micheli, Director of M&A and IR and Samuele Chiodetto Investor Relator.

We're very pleased with the quarter 2 results. We showed a significant recovery of the profitability compared to last year, and a stabilization of the growth trends that has been steadily improving month after month since the beginning of the year. In terms of top line,

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