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Last €20.96 EUR
Change Today -0.34 / -1.60%
Volume 202.4K
DLG On Other Exchanges
As of 11:30 AM 10/9/15 All times are local (Market data is delayed by at least 15 minutes).

de'longhi spa (DLG) Snapshot

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08/3/15 - €24.46
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de'longhi spa (DLG) Details

De’Longhi S.p.A., through its subsidiaries, produces and distributes small appliances for food preparation and cooking, domestic cleaning and ironing, and air conditioning; and portable heaters in Italy, the United Kingdom, rest of Europe, the United States, Canada, Mexico, and internationally. The company’s products include coffee makers; kitchen appliances, such as electric ovens, kettles, toasters, low-oil fryers and multicookers, deep fryers, ice cream makers, food processors, microwaves, breadmakers, grills and barbecue, and kitchen appliance accessories; breakfast collections; and ironing appliances, such as ironing systems, steam irons, ironing boards, and ironing appliances accessories. It also offers floor cleaning products consisting of stick cleaners, sledges, water filtration products, steam cleaners, and floor cleaning accessories; portable air conditioners; air treatment products comprising dehumidifiers, humidifiers, purifiers, and air treatment accessories; and portable heating appliances, including oil filled radiators, convector heaters, fan heaters, gas heaters, and electric blankets. The company provides its products under the De’Longhi, Kenwood, Braun, and Ariete brands. De'Longhi S.p.A. was founded in 1902 and is headquartered in Treviso, Italy. De' Longhi S.p.A operates as a subsidiary of DE Longhi Industrial S.A.

Founded in 1902

de'longhi spa (DLG) Top Compensated Officers

Vice Chairman and Chief Executive Officer
Total Annual Compensation: €927.0K
Compensation as of Fiscal Year 2014.

de'longhi spa (DLG) Key Developments

De'Longhi Announces Retail Availability of MultiFry

De'Longhi announced the retail availability of MultiFry, a kitchen countertop appliance that fries, cooks, bakes, broils and more. Designed to allow user to enjoy healthier versions of favorite fried foods, MultiFry packs a potent one-two culinary punch, performing as both a low-oil fryer and a multi-cooker. As a low-oil fryer, MultiFry uses little or no additional oil, making favorite recipes healthier. For 2.2 lbs of potatoes, user just need to add 1 tbsp of oil; and for frozen potatoes, no additional oil is needed at all. MultiFry's patented Surround Cooking System insures fast and even convection cooking through the use of two heating elements plus a fan that surrounds the food. The result is food that is crispy on the outside and tasty and juicy on the inside. MultiFry is easy and convenient to use. User simply place the ingredients in the bowl, set the power level and timer, and start the machine. User can easily monitor the cooking progress through the transparent lid. If there is any stirring or mixing to be done, the automatic mixing paddle handles it for user. The mixing paddle is also removable, allowing for even more recipe options, such as salmon, steak, pizza, cakes and pies. Once the meal is done, MultiFry's removable non-stick, anti-scratch ceramic coated bowl is dishwasher safe, insuring easy and hassle free clean-up. In 2014, the product was awarded the Plus X Award for Best Product of the Year for innovation, ease of use and functionality.

De'Longhi Introduces Three New Premium Espresso Machines

De'Longhi debuted three new machines to its espresso lineup - the Magnifica S Cappuccino Smart, Lattissima Touch and New Pump Espresso series. The company's beautifully, Italian-designed espresso and cappuccino machines deliver an authentic espresso beverage every time, with an emphasis on simplicity and authenticity. The Magnifica S Cappuccino Smart is company's newest model in the fully automatic espresso machine lineup. With the touch of a single button it allows the user to prepare every cup to their liking, delivering a completely customizable experience at a lower price than ever before. The patented LatteCrema System™ lets users design the ultimate cappuccino or latte in just one touch, with dense, rich, long-lasting foam in every cup. The machine features two separate heating elements, one for espresso preparation and one for milk preparation, ensuring the perfect temperature without the wait. The intuitive select and brew control panel has five pre-programmed Italian espresso options including espresso ristretto, lungo, regular coffee, cappuccino and latte after simply pushing a single button the machine does the rest. The new 'doubleshot' 2x function allows users to enjoy even more of users favorite drink. The integrated burr grinder with adjustable settings grinds fresh beans every time to ensure maximum freshness or users can also use pre-ground beans in the second chamber if that is the preference. The Magnifica S Cappuccino Smart is available now for $1,299.99. The latest addition to the Lattissima collection, the Lattissima Touch, combines company's Automatic Cappuccino System with Nespresso premium espresso capsules to create a simple, one touch method for making authentic espresso and milk based beverages in users own home. The streamlined design delivers maximum functionality with a small footprint, saving on counter space. The company's patented espresso extraction system creates the ideal flow of water with 19 bars of pressure, which is the ultimate amount for drawing the most flavor and desired temperature in each cup. The Themoblock heating system speeds cold-start heating time to seconds. The Lattissima Touch also features a Large-Capacity Water Tank that makes refilling as quick and simple as making the beverage in the first place. The Lattissima Touch is available now for $499.99. It comes in Palladium Silver and Black Titanium. The company's new Pump Espresso series brews authentic barista-quality beverages just like the ones enjoyed at the coffeehouse in users own home any time. A manual frother mixes steam and milk to create a rich, creamy froth for evenly textured drinks while the 15-bar professional pressure assures quality results every time. The Rapid Cappuccino System maintains the optimal temperature so users can brew cup after cup instantly. The Double Drip Tray allows for the use of taller glasses to prepare larger cappuccino and latte drinks and the 3-in-1 Filter Holder provides maximum flexibility to accommodate ground espresso for one or two shots, as well as for espresso pods. Available in two models, the ECP3420 and the ECP3630, are available now for $149.99 and $199.99.

De' Longhi S.p.A. Announces Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015

De' Longhi S.p.A. announced consolidated earnings results for the second quarter and six months ended June 30, 2015. Second quarter revenues were up 16.6% at EUR 422.2 million (+9.6% at constant exchange rates). EBITDA increased to EUR 48.0 million, from EUR 41.1 million, flat as a percentage of revenues at 11.4%, despite a negative foreign exchange and derivatives impact worth EUR 7.5 million. EBIT stood at EUR 35.3 million from EUR 29.9 million in 2014, increasing from 8.2% to 8.4% as a percentage of revenues. For the six months, the company reported net revenues of EUR 790.6 million compared to EUR 700.1 million a year ago. EBITDA was EUR 95.3 million compared to EUR 87.2 million a year ago. EBIT was EUR 70.4 million compared to EUR 65.2 million a year ago. Profit before taxes was EUR 51.4 million compared to EUR 45.3 million a year ago. Profit of the period was EUR 37.4 million compared to EUR 33.3 million a year ago. As at June 30, 2015, the company’s net cash was EUR 104.0 million compared to net debt of EUR 65.1 million a year ago. Cash flow from operations was EUR 71.0 million compared to EUR 64.3 million a year ago. Operating cash flow was EUR 44.7 million compared to EUR 4.7 million a year ago. Net cash inflow was EUR 15.0 million compared to net cash outflow of EUR 56.0 million a year ago.


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