De'Longhi S.p.A. (0E5M.IL)
IOB - IOB Delayed price. Currency in EUR
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At close: 12:21PM BST
| Previous close | 29.66 |
| Open | 29.70 |
| Bid | 29.10 x 0 |
| Ask | 30.16 x 0 |
| Day's range | 29.64 - 29.70 |
| 52-week range | 17.91 - 33.75 |
| Volume | |
| Avg. volume | 1,577 |
| Market cap | 4.487B |
| Beta (5Y monthly) | 1.11 |
| PE ratio (TTM) | 24.10 |
| EPS (TTM) | 1.24 |
| Earnings date | N/A |
| Forward dividend & yield | 0.48 (2.22%) |
| Ex-dividend date | 22 May 2023 |
| 1y target est | N/A |
ReutersDe' Longhi teams up with La Marzocco to boost coffee machine business
Italian home appliance maker De' Longhi has agreed to buy from its parent company a stake in high-end espresso machine manufacturer La Marzocco as it bets on coffee to pep up growth. Milan-listed De' Longhi will spend $374 million to acquire 41.2% of La Marzocco from De' Longhi Industrial, its parent company, as well as from other minority shareholders, to create a hub with its existing Eversys coffee machine-making operation.
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