Brief: Delfingen Industry Posts FY Revenue Up At EUR 456.7 Millions

Delfingen SA

02/04/2024 17:13

April 2 (Reuters) - Delfingen Industry SA  ALDEL.PA :
2023 FULL-YEAR RESULTS
    * REVENUE OF EUR 456.7M, UP 9.5%
    * 33.6% GROWTH IN RECURRING OPERATING INCOME
    * DIVIDEND INCREASE TO EUR1.15 PER SHARE TO BE PROPOSED FOR
2023
    * RISE IN RECURRING OPERATING MARGIN TO 6.2% OF REVENUE
    * ACCORDING TO S&P GLOBAL MOBILITY FORECAST OF FEBRUARY
2024,
GLOBAL AUTOMOTIVE PRODUCTION IS EXPECTED TO REMAIN STABLE AT 90
MILLION VEHICLES WORLDWIDE IN 2024
    * INTENDS, ON ONE HAND, TO CONTINUE OUTPERFORMING GLOBAL
AUTOMOTIVE MARKET AND, ON OTHER HAND, TO CONTINUE DIVERSIFYING
IN INDUSTRIAL APPLICATIONS
    * IS AIMING TO IMPROVE ITS OPERATING PERFORMANCE AND REDUCE
ITS
DEBT THROUGH POSITIVE NET CASH-FLOW AND STRICT INVESTMENT
MANAGEMENT

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