Delfingen Industry SA (FR:ALDEL) has released an update.
DELFINGEN Industry SA reported a 6.9% decrease in revenue for the first nine months of 2024, amidst challenges in the global automotive market and a sluggish German market. Despite these hurdles, the company is bolstering its competitive edge through its IMPULSE 2026 roadmap, aiming to optimize leadership in cable protection and streamline operations. DELFINGEN remains confident in achieving a current operating margin of over 5% for the fiscal year.
For further insights into FR:ALDEL stock, check out TipRanks’ Stock Analysis page.
