May 12, 2022 / NTS GMT
Operator
Good afternoon. This is the Chorus Call conference operator. Welcome, and thank you for joining the De'Longhi first quarter 2022 consolidated results.
(Operator Instructions) At this time, I would like to turn the conference over to Mr. Massimo Garavaglia, CEO. Please go ahead, sir.
Massimo Garavaglia - De'Longhi S.p.A.-CEO - GM & Executive Director
Good afternoon, ladies and gentlemen, and welcome to the De'Longhi Group's Q1 '22 Results Conference Call.
Today, we may have Marco Cenci, Chief Strategy and Control Officer; Stefano Biella, CFO; Fabrizio Micheli, Director of M&A and Investor Relations; and Samuele Chiodetto, Investor Relations.
Over the last 2 years, we have seen a significant increase in consumption in the small domestic appliance business, thanks to the change in consumer habits and purchasing [charges] and the consolidation of some medium-term trends already in place in the market.
In the first quarter of 2022, despite a difficult comparison with prior year, we
Q1 2022 De' Longhi SpA Earnings Call Transcript
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