Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

De'Longhi 2013 Revenues Up 6.7%
Feb 5, 2014
 Printable format
 Email this Article
 Search

De’Longhi Group reported preliminary consolidated 2013 revenues of EUR 1,633 million, up about 6.7% (up about 10% at constant exchange rates).

Fourth quarter revenues were about EUR 595 million, up about 9.9% (up about 15% at constant exchange rates).

De’Longhi saw revenues growing in West Europe markets. This was driven by the group's core markets, such as Germany and Italy, as well as growth in Benelux (Belgium, Netherlands, and Luxembourg), France, and Spain.

The MEIA region (Middle East, India, Africa) recorded particularly strong performance. Revenue growth was about +53.2%
over full-year 2013.

Revenues in East Europe markets increased, thanks to strong performance in markets like Poland and Ukraine; sales in Russia, however, were significantly below expectations.

The company saw good performance from its food preparation appliance segment, with very strong growth of Kenwood-brand kitchen machines and Braun-brand appliances.

The espresso coffee makers segment was down slightly from 2012. Sales of DolceGusto brand showed strong growth, but this was offset by a slowdown of Nespresso-brand coffee makers. Sales of fully automatic coffee makers were approximately in-line with 2012.

Comfort appliances were negative in 2013.

De’Longhi completed the integration of the Braun brand during 2013 The line's 2013 revenues about matched expectations, but were lower than the line produced in 2012, when it was a part of Procter & Gamble. De’Longhi sees the potential for volume recovery and further development for Brain in 2014.

Back to Daily News

 

Daily News

...........................................................

Oct 30, 2014: Whirlpool Corp. reports strong third-quarter

Oct 30, 2014: Statistical Portrait of the European Appliance Industry Released by Appliance Magazine

Oct 30, 2014: New Whirlpool acquisition Indesit reports profit for year so far

Oct 30, 2014: Consumer Confidence Index rebounds in October

Oct 29, 2014: New home sales up slightly in September 2014

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

October 2014: Portrait of the European Appliance Industry
September 2014: Appliance Industry Focus: HVAC
June 2014: Appliance Magazine Market Insight: April 2014
May 2014: Appliance Magazine Market Insight: March 2014




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows