Executive Summary
Delta plc is an international group headquartered in the UK and listed on the London Stock Exchange with manufacturing operations employing over 2500 people in Australia, Asia, South Africa, the UK and the United States. Delta’s businesses include Engineered Steel Products, Galvanizing Services and Manganese Materials.
The Company had 2007 revenues and operating profit of £266.4 million and £17.6 million respectively.
Company History
- Delta was founded in 1894.[1] Over the period from the early 1890s to around 1945 the Delta Metal Company's business was principally involved with the manufacture of extruded brass rods from plants in London and Birmingham.
- From 1945 to the late 1960s marked a period of consolidation during which time Delta acquired six of its competitors in the brass rod extrusion industry, as well as a period of expansion during which Delta acquired other metal businesses: rolled metals and tubes; hot brass stampings, brass foundry, water fittings and then cable businesses.
- In the late 1960s and early 1970s Delta’s focus was on increasing revenues from both finished products and overseas businesses.
- The first Engineered Steel Products business to be acquired was Donhad in 1981. Since that time further investments have been made in Australia, South Africa and the USA, and the Group's European businesses have been divested.
Current Events
Business Model
Products/Services
Delta's Engineered Steel Products businesses produce road safety barrier systems, power transmission and distribution, lighting and telecommunications poles, industrial grating and access systems, and forged steel grinding media.
Delta's Galvanizing Services businesses provide hot dip galvanizing services at plants in Australia, Asia and the United States. Delta also reclaims zinc from ash and dross, and produces zinc alloys and oxides.
Delta’s interests in Manganese Materials businesses include Delta EMD, a leading global supplier of Electrolytic Manganese Dioxide for use in the manufacture of disposable batteries, and Manganese Metal Company, a leading global supplier of manganese metal for use in the production of steel, aluminium and electronic components.
Segments/Customers
Production/Operations
Distribution/Routes to Market
Market & Competition
Market Share
Main Competitors
Competitive Strengths and Weaknesses
Management
Financials
Historicals
Current Trading
Forecast Drivers and Issues
Balance sheet
Cashflow
Valuation
Comparable Companies