(CercleFinance.com) – Delfingen Industry publishes revenue of 102.2 million euros for the first three months of 2022, up 1.9% (+0.6% in organic terms), the increase 3.5% in the mobility division having offset a 6.6% contraction in the industrial division.
With regard to the mobility division, turnover increased very slightly by 0.3% at constant exchange rates and perimeter, nevertheless outperforming global automotive production which contracted by 4.5% over this period.
While it remains ‘very cautious on market expectations’, Delfingen anticipates a market outperformance of two to three points given its strategic positioning in vehicle electrical wiring protection solutions.
Copyright © 2022 CercleFinance.com. All rights reserved.
Did you like this article ? Share it with your friends with the buttons below.
