(AOF) – In the first half of 2022, Delfingen, a company specializing in solutions for the protection and routing of on-board electrical and fluid networks, recorded a turnover up 5.3% to 203.9 million euros. , compared to 193.7 million euros last year, representing organic growth of 3.2%.
Global automotive production was down 1.8% in the first half in a still difficult context with tensions over electronic components, the Russian-Ukrainian crisis or health restrictions in China (two months of confinement in April and May).
Uncertainty weighs on the markets with multiple factors such as the situation in Ukraine or the disruption of supply chains. According to estimates from S&P Global Mobility (ex-IHS Markit) published in July 2022, global automotive production should stand at 80.8 million units in 2022, up 5% compared to 2021.
Delfingen remains very cautious on market expectations. However, given its strategic positioning in vehicle electrical wiring protection solutions, its leadership and its global presence, Delfingen anticipates a market outperformance of 2 to 3 points.
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Negotiations with builders
On average, equipment manufacturers represent between 60 and 85% of the manufacturing cost of a vehicle. According to the Federation of Vehicle Equipment Industries (Fiev), negotiations are very tense with manufacturers regarding the passing on of increased costs. The price increases concern both electronic components, raw materials, such as steel, nickel, lithium or palladium, energy and transport. Equipment manufacturers mainly negotiate with Stellantis and Renault to set up indices to pass on increases. They are also betting on innovation, differentiation, upgrading and internationalization.