Delta Plus Group: Turnover down, resilience recognized

Delta Plus Group, a major player in Personal Protective Equipment, announces a turnover of 400.1 million euros in 2024, showing a decrease of 4.9% compared to 2023. However, the company has demonstrated its resilience in the face of a complex macroeconomic and geopolitical environment. At constant scope and exchange rates, the decline is limited to 3.5%.

The decline in revenues was partly due to a negative exchange rate effect of EUR 7.8 million and the depreciation of the Argentine Peso. Despite this, a 4.3% increase was recorded in the fourth quarter, supported by the acquisition of Armor.

In Europe, sales fell by 5.5%, while outside Europe the decline was 4.3%. However, Delta Plus Group managed to improve its annual gross margin and is relying on growth in South America and Oceania.