Delfingen Industry SA (FR:ALDEL) has released an update.
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Delfingen Industry SA reports a dip in H1 2024 revenues by 3.9% compared to the previous year, despite maintaining a solid current operating margin of 5.2% and generating positive free cash flow. Amidst challenges like the slowdown in US and Germany electrical platforms, the company is implementing its ‘IMPULSE 2026’ strategy, focusing on optimizing and streamlining its automotive businesses and accelerating growth in the industrial market to achieve a target revenue of €430M and a current operating margin above 7.5% by 2026.
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