ANNUAL
REPORT
2025
SUMMARY
DE’ LONGHI GROUP
143
143
144
145
146
148
149
150
203
212
3
02
REPORT ON OPERATIONS
Performance review
Report on corporate governance
and ownership structure
Sustainability Report
Other information
20
21
35
45
138
03
GROUP ANNUAL REPORT
AND FINANCIAL STATEMENTS
Consolidated Financial statements:
• Consolidated income statement
• Consolidated statement of comprehensive income
• Consolidated statement of financial position
• Consolidated statement of cash flows
• Consolidated statement of changes in net equity
Explanatory notes
External auditors’ report on the consolidated
financial statement
External auditors’ report on the Sustainability Report
04
REPORT ON OPERATIONS
ON SEPARATE FINANCIAL
STATEMENTS
236
236
237
238
239
241
242
243
281
219
05
SEPARATE ANNUAL REPORT
AND FINANCIAL STATEMENTS
De’ Longhi S.p.A. – Separate financial statements:
• Income statement
• Statement of comprehensive income
• Statement of financial position
• Statement of cash flow
• Statement of changes in net equity
Explanatory notes
External auditors’ report on the separate financial
statements
ANNUAL REPORT 2025
01
The Annual report at 31 December 2025 has been
translated from the Italian original solely for the
convenience of international readers.
The original version has been issued in Italian in
accordance to the Delegated regulation (EU) 2019/815.
The Italian version shall always prevail in case of any
discrepancy or inconsistency between Italian version
and its English translation.