Delfingen : H1 2024 results down in a complicated market – Impulse 2026 is the new roadmap
>H1 2024 sales of € 224.7m/EBIT of € 11.7m (-27%), i.e. an underlying operating margin of 5.2% (-160bp) - Yesterday evening, Delfingen reported H1 2024 results that were a shade shy of our forecasts. With H1 sales (already published) at € 224.7m, down 3.9% (-5.6% like-for-like), EBITDA was down 8% at € 22.8m and underlying operating profit was down 27% at € 11.7m, implying an underlying operating margin of 5.2% (-160bp). After factoring in non-recurring items relating...Delfingen Industry is a holding company. Through its subsidiaries, Co. is engaged in the manufacture and distribution of protected, insulated electric cabling for use in land, sea and air based vehicles. Co. has developed applications for other markets that can be classified into five groups: Construction industry- tube sheathing for sanitary hydro-cabling; Sanitary equipment- water evacuation products; Household appliances- protection of electric functions, machine joints, drain pipes, etc.; Industry- technical protection solutions for electric cables (transformers, cabinets, etc.), Miscellaneous- protection items for industries as varied as the naval, furniture and gardening industry, etc.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.