De'Longhi SpA - Company Profile
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De'Longhi SpA (De'Longhi), a subsidiary of De'Longhi Industrial SA, is a manufacturer and marketer of home appliances. The company’s product portfolio includes coffee makers, cooking machines, ironing systems, food preparation, power vacuum cleaners, air conditioners, accessories, and heating appliances. It markets products under the Kenwood, De'Longhi, Braun, Eversys, Magic Bullet, NutriBullet, and Ariete brand names. The company also provides various after sale services such as support, installation, and maintenance. It operates a network of production facilities in Italy, China, and Romania. The company, through its subsidiaries, operates across Europe, the Americas, Asia-Pacific, the Middle East and Africa. De'Longhi is headquartered in Treviso, Veneto, Italy.
Headquarters
Italy
Address
Via Lodovico Seitz, 47, Treviso, Veneto, 31100
Website
www.delonghigroup.com
Telephone
39 0422 4131
No of Employees
9,434
Industry
Consumer Packaged Goods
Ticker Symbol & Exchange
DLG (BIT)
Revenue (2022)
$3.3B
-2.6%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
41.1%
(2022 vs 2021)
Market Cap*
$4.8B
Net Profit Margin (2022)
XYZ
44.8%
(2022 vs 2021)
* As of and is in US$
De'Longhi SpA premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Coffee Machines | Installation | Ariete |
| Multifry Fryers | Support Services | Braun |
| Espresso Pump | Magic Bullet | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Plans/Strategy | In December, the company announced plans to acquire a 41.2% stake in La Marzocco from De' Longhi Industrial. |
| 2023 | Contracts/Agreements | In November, the company entered into a partnership with JAZEAN and COFE to create a new home-brewing niche with Italian machines and the Saudi Coffee bean. |
| 2023 | New Products/Services | In March, nutribullet Baby announced the launch of the nutribullet Baby Steam + Blend. |
Competitor Comparison
| Key Parameters | De'Longhi SpA | Samsung Electronics Co Ltd | Robert Bosch GmbH | Panasonic Holdings Corp | AB Electrolux |
|---|---|---|---|---|---|
| Headquarters | Italy | South Korea | Germany | Japan | Sweden |
| City | Treviso | Suwon | Stuttgart | Kadoma-Shi | Stockholm |
| State/Province | Veneto | Seoul | - | Osaka | Stockholm |
| No. of Employees | 9,434 | 98,557 | 421,338 | 233,391 | 45,000 |
| Entity Type | Public | Public | Private | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Giuseppe de Longhi | Chairman | Executive Board | 2001 | 84 |
| Silvia de' Longhi | Chief Corporate Services Officer; Director | Executive Board | 2017 | 39 |
| Stefano Biella | Chief Financial Officer | Senior Management | 2016 | 64 |
| Paul Accornero | Chief Commercial Officer | Senior Management | 2018 | 54 |
| Marco Cenci | Chief Strategy and Control Officer | Senior Management | 2016 | 60 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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