Present in 18 countries
33 sites: R&D, sales, production and logistics
DELFINGEN strengthens its position with tier-1 suppliers in Germany and accelerates its growth in Asia
| audited accounts - in M€ | 1st half-year 2014 | 1st half-year 2013 |
| sales | 80.0 | 66.0 |
| current operating income | 4.5 | 5.3 |
| net profit | 2.4 | 2.3 |
| Free cashflow | 4.5 | 4.2 |
| net financial debt | 28.4 | 20.2 |
| equity | 41.7 | 39.7 |
Sales increased by 21% after the entering of the acquisitions in India, China and Germany into the consolidation scope. At constant exchange rate and scope, the sales have increased by 3.2%.
The dynamic growth in sales for the automotive industry is particularly noticeable in the United States (+9%) and in China (+41%) whereas sales in Europe (-3%) suffered from a difficult market context.
The group's operating performance is lower than it was for the first half-year of 2013 but the results at that period were particularly high.
The net profit (€ 2.4 M) increased by 6.6%.
The financial structure is strong: the net financial debt is of € 28.4 M, integrating the acquisitions.
Delfingen confirms its sales forecast of about € 155 M.
Delfingen is confident on its capacity to improve its operating margin, thanks to the growth and its accelerated efforts on productivity.
€ 80.0 M
Sales*
*an increase of 21%
€ 4.5 M
Current operating income *
*5.7 % of sales
4.6 M€
Free cashflow *
*an increase of 7 %
3%
Net profit *
*an increase of 7 %
