Q2 2023 De' Longhi SpA Earnings Call Transcript

Jul 28, 2023 / NTS GMT
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 - De'Longhi S.p.A.-Vice Chairman&CEO

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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