De’Longhi Revenues Rise 7 Percent in 2012

       

       

TREVISO, Italy-Fiscal 2012 revenues for De’Longhi Group increased 7 percent to €1.53 billion ($2 billion, using the average exchange rate of the euro to the dollar for last year).

A statement from the company said the result was in line with its guidance. De’Longhi also said its fourth-quarter sales rose 4.8 percent to €541 million ($698 million), “despite an environment still characterized by macroeconomic uncertainties.”

De’Longhi added that revenues gained in the quarter particularly because of growth in sales of coffeemakers and kitchen products. The company’s “growing international diversification” also played a role in the increase.