Brief: Delfingen Revises Its Performance Expectations Upwards For 2020

Delfingen SA

23/12/2020 16:53

Dec 23 (Reuters) - DELFINGEN INDUSTRY SA  ALDEL.PA :
    * DELFINGEN REVISES ITS PERFORMANCE EXPECTATIONS
SIGNIFICANTLY
UPWARDS FOR THE YEAR 2020
    * DELFINGEN SAW ITS TURNOVER REBOUND SHARPLY AT THE END OF
THE
YEAR AND IS EXPECTED TO FALL BY 13% COMPARED TO 2019 AT CONSTANT
PERIMETER
    * OPERATING MARGIN BEFORE NONRECURRING ITEMS SHOULD INCREASE
BY 1
TO 1.5 POINTS TO AROUND 7.5 TO 8.0% OF REVENUES AT CONSTANT
PERIMETER
    * CONTRIBUTION OF THE SCOPE OF CONSOLIDATION ACQUIRED FROM
SCHLEMMER SINCE SEPTEMBER 1ST, 2020 ALSO SIGNIFICANTLY
OUTPERFORMS EXPECTATIONS, WITH OPERATING MARGINS EXCEEDING 10%
OF SALES

Source text for Eikon:  ID:nGNE9Bb1SK 
Further company coverage:  ALDEL.PA 

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