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Delignit AG receives expansion order and invests in production capacities
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- Delignit AG receives expansion order
- Invests in production capacities
- Strengthening market position and long-term growth
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EQS-News: Delignit AG / Key word(s): Incoming Orders |
Blomberg, April 18th, 2024 - Delignit AG (ISIN DE000A0MZ4B0), a leading manufacturer of ecological hardwood-based products and system solutions, is expanding its business relationship with one of
its largest OEM customers. The order reinforces the company's strong market position in a recently volatile environment and provides growth impulses for the coming financial year. At the same
time, the investment volume in 2024 is to be increased with a mid-single-digit million euro amount in order to meet the structurally growing demand situation in the long term.
With the expansion order, a well-known OEM customer has opted for a sustainable wood-based side wall option that complements the existing equipment range for a top-selling van model. This consistent step in the direction of ecological materials will mean an increase in turnover for Delignit AG in the mid single-digit million range per year. The first deliveries are already scheduled for the second half of 2024.
"Winning this order confirms the high level of trust our customers place in us and demonstrates the success of our 'more sales per vehicle' strategy, with which we have been consistently expanding our market position for many years. At the same time, we see this as confirmation of our long-term strategic business development, which makes it necessary to expand and optimize our production capacities," says Markus Büscher, CEO of Delignit AG.
In this context, Delignit is making focused investments in capacity expansion at its main site in Blomberg as part of a broad-based program. Based on the still very strong order book, a mid-single-digit million euro amount is to be invested this year. In addition to a targeted expansion of materials production, process automation is also to be stepped up. At the same time, activities to develop new markets, such as electromobility, will be maintained. With these measures, Delignit AG is creating the basis for sustainable organic growth.
With the expansion order, a well-known OEM customer has opted for a sustainable wood-based side wall option that complements the existing equipment range for a top-selling van model. This consistent step in the direction of ecological materials will mean an increase in turnover for Delignit AG in the mid single-digit million range per year. The first deliveries are already scheduled for the second half of 2024.
"Winning this order confirms the high level of trust our customers place in us and demonstrates the success of our 'more sales per vehicle' strategy, with which we have been consistently expanding our market position for many years. At the same time, we see this as confirmation of our long-term strategic business development, which makes it necessary to expand and optimize our production capacities," says Markus Büscher, CEO of Delignit AG.
In this context, Delignit is making focused investments in capacity expansion at its main site in Blomberg as part of a broad-based program. Based on the still very strong order book, a mid-single-digit million euro amount is to be invested this year. In addition to a targeted expansion of materials production, process automation is also to be stepped up. At the same time, activities to develop new markets, such as electromobility, will be maintained. With these measures, Delignit AG is creating the basis for sustainable organic growth.
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