on DELFINGEN INDUSTRY (EPA:ALDEL)
Half-Year Results 2024: DELFINGEN Posts a Solid Operating Margin of 5.2%
DELFINGEN INDUSTRY, world leader in cable protection solutions for the automotive and industrial sectors, publishes its half-year results for 2024. The current operating margin stands at 5.2% of turnover, with a positive cash flow.
The company launched its “IMPULSE 2026” roadmap, aimed at optimizing its automotive system protection activities and streamlining its fluid transfer tube activities. DELFINGEN is also accelerating its development in the industrial market.
Targets for 2026 include revenue of €430 million and an operating margin above 7.5%. Financial leverage is envisaged below 2.25x.
Despite a turnover of 224.7 million euros, down 3.9% compared to the first half of 2023, and a 26.9% drop in current operating income, the company maintains a robust financial structure to support its objectives.
R. P.
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