In the nine months the Group achieved:

-- revenues for EUR 2,461.4 million, up by 10.4% with respect to 2024 (11.7% at constant currency);

-- an adjusted Ebitda of EUR 389.5 million, equal to 15.8% on revenues (vs. 15.1% last year);

-- a net income pertaining to the Group equal to EUR 187.6 million (+8.0% with respect to last year);

-- a positive net financial position equal to EUR 308.7 million.

In the third quarter the Group achieved:

-- revenues for EUR 877.2 million, up by 8.9% with respect to 2024 (11.5% at constant currency);

-- an adjusted Ebitda of EUR 148.8 million, or 17.0% on revenues (vs. 16.3% last year)

-- a net income pertaining to the Group amounting to EUR 71.0 million (+5.0% vs 2024)

The Group CEO Fabio de' Longhi commented:

"The Group closed another quarter with excellent results, outperforming the market even in a challenging environment.

The household division reaffirms the strength of its recent growth momentum, supported in particular by the structural trend in coffee.The effectiveness of our ongoing communications investments has amplified this momentum, as evidenced by the success of the new global campaign starring Brad Pitt, directed by Oscar-winning director Taika Waititi.

At the same time, the professional division is accelerating, thanks to the contribution of both brands, in a context of ongoing premiumization of the espresso market, where La Marzocco and Eversys are consolidating their leadership.

Based on the solid results achieved, and while continuing to closely monitor persistent geopolitical uncertainties, we are raising our guidance for the year. We now expect revenue growth for the new perimeter between 7.5% and 8.5%, thanks to the positive contribution of both divisions, with an adjusted EBITDA between 610 and 620 million."

Read the full press releasehere Take a look at the presentationhere

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