De' Longhi raises EBITDA forecast after profit rises 20%

De' Longhi raised its full-year adjusted EBITDA forecast after reporting higher revenue and profit for the first nine months of 2026.

The Italian appliance group said its board approved unaudited consolidated results showing revenue of €2.6213 billion, up 6.5% from 2025 and 7.7% at constant currency. Net income attributable to the group was €225.8 million, up 20.4%.

Adjusted EBITDA was €455.2 million, or 17.4% of revenue, compared with 15.8% a year earlier. The group said its net financial position was positive at €606.0 million.

De' Longhi confirmed mid-single-digit revenue growth guidance and raised its full-year adjusted EBITDA forecast to €685 million to €705 million, from a previous estimate of €670 million to €690 million.

CEO Fabio de' Longhi said the company had delivered its 13th consecutive quarter of organic revenue growth. He said the professional business recorded revenue growth above 35% for the quarter and the nine-month period, while the household division grew 3.6% in the quarter.