Delfingen: a higher margin than expected…

(Boursier.com) — At the end of December 2021, the turnover of Delfinen at constant exchange rates and scope was up 14.7% in a market up 2.5%.

In the 4th quarter, turnover at constant exchange rates and scope was down 16.8%.

The market was penalized on the one hand by supply disruptions in semiconductors and on the other hand by an unfavorable comparison base, the last quarter of 2020 having been very dynamic in catching up with a very weak.

In this market situation considered as chaotic, Delfingen outperformed its last guidance for turnover of 345 ME and anticipates for the year 2021 an operating margin of around 6% against 5% during the last guidance.