Delfingen: 74% drop in half-year net profit


(CercleFinance.com) – Delfingen Industry publishes for the first six months of 2022 a net income group share of 3.3 million euros, compared to 12.7 million in the first half of 2021, as well as a current operating margin down 4.4 points to 5.4% of revenue.

At 203.9 million euros, the turnover of the group of solutions for the protection and routing of on-board electrical and fluid networks, increased by 5.3%, including growth of 3.2% at exchange rates and scope constant.

Anticipating a performance in the second half that is lower than that of the first, and subject to a more unfavorable market context, Delfingen expects 2022 revenue in excess of 380 million euros with an operating margin of around 5%.

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