The DeLonghi Group announced that in 2006 revenues grew by approximately 9 percent on a like for like perimeter of consolidation basis and by 8 percent on a new perimeter of consolidation basis (excluding the contribution of Elba Spa as from June 1, 2006 and consolidating RC group as from October 1, 2006) over the 1,257.7 million euros (approx. U.S. $1.6 billion) at the end of 2005 (2005 sales included the 12 month contribution of Elba Spa and did not include RC Group, a company acquired in October 2006).
The growth trend was also confirmed in fourth quarter 2006 (+4 percent on a new perimeter basis and +5 percent on a like for like basis); thanks to significant expansion the group reached a record 1,350 million euros (approx. $1.7 billion) in sales at the end of 2006.
The results benefited from the contribution of both the household and professional divisions; in detail, notable growth was reported for coffee machines, kitchen appliances, portable heaters, water-filled radiators, and large thermo-cooling systems.
to Daily News