DELFINGEN turnover down in the first half of 2024

DELFINGEN INDUSTRY has published its turnover for the first half of 2024, which amounts to 224.7 million euros, down 3.9% compared to the previous year. This decline is mainly due to a slowdown in electric vehicle sales in North America and Europe.

The company was also affected by a delay in the start-up of certain electric platforms in the United States and Germany. On a like-for-like basis, turnover was down 5.6%.

The industrial market showed a slight growth of 3.7%, mainly due to the acquisition of REIKU GmbH. However, on a constant perimeter, the sector recorded a decrease of 5.4%.

DELFINGEN remains confident in its fundamentals and continues to rely on the flexibility of its production tools and proximity to its customers to overcome these challenges. The company expects that the efforts undertaken will bear fruit by 2025.