on DELFINGEN INDUSTRY (EPA:ALDEL)
DELFINGEN INDUSTRY Reveals its Results for the Third Quarter of 2024
DELFINGEN INDUSTRY reported revenue of €324.8 million for the first nine months of 2024, down 6.9% compared to 2023. This decline is due to a contraction in the global automotive market and a delayed start-up of some platforms in the United States. Despite this, DELFINGEN is continuing with its IMPULSE 2026 strategic plan aimed at optimizing its activities and strengthening its competitive positions.
The geographical distribution shows revenue declines in Europe-Africa (-5.0%) and America (-11.3%), while Asia remains stable. The company does not expect significant improvement before the end of 2024 but remains confident about achieving its operating margin target of above 5% for the year.
R. E.
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