November 12th 2025
9M & Q3 2025 ResultsIn this presentation:
"Adjusted" stands for before non recurring items and cost of the share-based incentive plans
"Constant exchange rates" means excluding the effects of exchange rates' variations and of hedging derivatives;
"pro-forma" means including the consolidation of La Marzocco for 9 months in 9M 2024;
"ForEx" or "FX" stand for Foreign Exchange Rates;
"M" stands for million and "bn" stands for billion;
"Q3" stands for third quarter (July 1st- September 30th);
"9M" stands for nine months (January 1st- September 30th);
"NWC" stands for Net Working Capital;
"Capex" stands for capital expenditures, i.e. investments in fixed assets;
"FCF" stands for free cash flow before dividends and M&A;
"Professional division" means the business combination between La Marzocco & Eversys;
"Household division" includes the business not part of the professional division.
DéLonghi Group
9M & Q3 2025 ResultsYoY % growth reported - Household division
+7%
+4%
+6%
+High-single%
CAGR
Last 2Y
2%
7%
7%
6%
(*)
12%5%
7%
(*) Q4 '25 extrapolated from Group's guidance
Household division positive growth momentum continuous, backed by new product lunches and renewed commitment in media & communication investments
5
9M & Q3 2025 Resultsca.
US mitigation plan
Tariff impact has been limited in the first 9 months of FY 25 thanks to the mitigation plan in place:
Inventory build-up in early 2025
Unlocking higher flexibility through supply chain reorganization
Implementation of price increases starting from H2 2025
Expected net impact on Ebitda Adjusted in FY 25 of €M ca.15 already incorporated in FY guidance
US sourcing expo. (%)
South East Asia Europe China
Other
Total
6 Data based on management accounts
DéLonghi Group
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