Q1 2022 De' Longhi SpA Earnings Call Transcript

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

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot