De Longhi 2009 revenue down 8.6%, in line with guidance

De Longhi reported a EUR 1.4 billion revenue for 2009, down by 8.6% on the year, in line with the group's guidance.

The result reflects a recovery in the household division in the fourth quarter, while the group's Professional division continued to suffer from the crisis in the real estate and industrial investments sectors.

At constant exchange rates, the decrease in revenue would have been 7.8%.

Abstracted from an original article in Il Sole 24 Ore (De Longhi: ricavi 2009 in calo dell'8,6% a 1,4 miliardi).