Delfingen : H1 revenues slightly short of expectations
>Q2 revenues of € 111.1m (vs € 114.2m est.) down 5.3% (-5.7% l-f-l) - Delfingen’s Q2 revenues, reported yesterday evening, fell slightly short of our expectations at € 111.1m (vs € 114.2m est.) down 5.3% (-5.7% l-f-l). For H1, revenues came in at € 224.7m, down -3.9% (-5.6% l-f-l) due to i/ tough comps (+13.8% on l-f-l in H1 2023) and ii/ the deferred start-up of some electric platforms in the US and Germany. By division, Mobility (84% of Q2 revenues) came in 5....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.