on DELFINGEN INDUSTRY (EPA:ALDEL)
DELFINGEN INDUSTRY: 2024 financial results and outlook
DELFINGEN INDUSTRY has published its sales figures for 2024, marking a decrease of 7.2% compared to 2023. The last quarter saw a decrease of 8.4%, despite a recovery compared to the previous quarter. The decline is mainly attributed to the contraction in global automotive production, although the currency effect had a minimal impact.
The IMPULSE 2026 strategic plan is moving forward with significant restructuring, including the reduction of non-profit contracts, an optimization of its sites in Romania and Germany, and an improvement of its operations in Texas. The objective of an operating margin of more than 5% remains confirmed, with an anticipated reduction in net debt.
Although the economic environment remains uncertain, DELFINGEN is actively pursuing its reforms to strengthen its competitiveness and initiate a new growth cycle in 2025.
R. E.
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