Delfingen Industry SA (FR:ALDEL) has released an update.
DELFINGEN Industry SA, a leading provider of cable protection solutions, reports a revenue decline of 3.9% to €224.7m in the first half of 2024 due to a plateau in electric vehicle sales and delays in US and German electrical platforms. Despite the downturn, the company is initiating projects to boost activity and optimize financial performance, expecting results from 2025 onwards. DELFINGEN remains cautiously optimistic about maintaining its solid operating profitability and positive cash flow generation in a challenging global automotive market.
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