tiprankstipranks
Trending News
More News >

DELFINGEN Reports Dip in 2024 First-Half Revenue

DELFINGEN Reports Dip in 2024 First-Half Revenue

Delfingen Industry SA (FR:ALDEL) has released an update.

Confident Investing Starts Here:

DELFINGEN Industry SA, a global leader in automotive and industrial protection solutions, reports a 3.9% decrease in first-half 2024 revenue to 224.7 million euros, amidst a slowdown in electric vehicle platforms in the US and Germany. Despite the downturn, the company remains confident in its core strengths and anticipates a return to qualitative growth in 2025. The company’s industry market sales saw a 3.7% increase, boosted by the REIKU acquisition, although organic revenue declined.

For further insights into FR:ALDEL stock, check out TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1