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Delta Plus Group’s 2024 Turnover Reflects Resilience Amid Global Challenges

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Delta Plus Group’s 2024 Turnover Reflects Resilience Amid Global Challenges

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Delta Plus ( (FR:ALDLT) ) just unveiled an announcement.

Delta Plus Group reported a consolidated turnover of €400.1M for 2024, indicating a 4.9% decline from the previous year. Despite facing a challenging global macroeconomic and geopolitical environment, the company demonstrated resilience through its diversified operations and innovative product offerings. The fourth quarter showed a positive turnover trend with a 4.3% increase year-on-year. The company faced negative impacts from exchange rate fluctuations, particularly with the Argentine Peso, and a slowdown in global activity. However, a positive scope effect was noted from the acquisition of the Netherlands-based company Armor, which is expected to optimize the value chain by reintegrating distributor margins.

More about Delta Plus

Delta Plus Group is a significant entity in the Personal Protective Equipment (PPE) industry, dedicated to safeguarding individuals in their workplaces. The company focuses on providing innovative and adaptable products, with a broad geographic and sectoral activity diversification.

YTD Price Performance: 8.27%

Average Trading Volume: 12

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €439.5M

Learn more about ALDLT stock on TipRanks’ Stock Analysis page.

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