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Delta Plus Faces Sales Decline Amid Market Challenges

Delta Plus Faces Sales Decline Amid Market Challenges

Delta Plus (FR:ALDLT) has released an update.

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Delta Plus Group, a leader in the Personal Protective Equipment market, reported a decrease in sales by 8.9% in the first half of 2024, with revenues reaching €193.9 million. This decline was partly due to an unfavorable exchange rate, particularly the Argentine Peso’s devaluation, which had a significant negative impact on revenue. However, the company did see organic growth of 0.7% when adjusted for scope and exchange rates.

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

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