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    DELFINGEN Industry  126  0 Kommentare Net Sales for 3rd quarter 2020 - Seite 3

     In millions euro     Published     Organic    Exchange rates 
    Americas - 16.7 %   - 29.0 % 12.3 pts
    Europe - Africa - 15.2 %   - 29.0 % 13.8 pts
    Asia - 21.7 %   - 17.0 % - 4.7 pts

    By quarters:

     In millions euro  2020   2019      Published      Organic   Exchange rates    Automotive market
    evolution 
     Performance 
    Q1 48.2 45.8 5.2 % 3.6 % 1.6 % - 23.0 % 26.6 pts
    Q2 18.3 45.8 - 60.1 %   - 59.7 %   -0.4 % -39.4 % -20.3 pts
    Q3 49.0 47.5   3.3 % 6.7 % - 3.4 %   - 4.6 %   11.3 pts  

    Industrial Market:
    Industrial Market decreased by 22.1 % at constant exchange rates and on a published data.

    At constant exchange rates,

    • Drossbach North America sales went down by 19.8 % (same change on a published data); 
    • The “Electrical and thermal insulation” business went down by 17.4 % (-17.5 % in published data); 
    • The “Technical Belts and straps” business went down by 29.4 % (same change on a published data). 

    The impact of the exchange rates on - Industrial market - sales was not significant at the end of September.

    CHANGE OF PERIMETER

    Schlemmer’s Europe-Africa activities 
    Schlemmer’s Europe-Africa perimeter was integrated on September 1st. The September figures are in line with those expected at the time of acquisition.
    The proforma analysis of sales shows a breakdown of approximately 93 % in the Automotive Market and 7 % in the Industrial Market.

    Perspectives:
    Delfingen’s strong commercial performance in the third quarter confirms the company’s strategic positioning in a fast-changing automotive market with accelerating demand for hybrid and electric vehicles.
    Delfingen’s mission is to protect the electrical wiring, the true vehicles’ nervous system. 

    The Group estimates the decline in activity for the 2020 fiscal year (excluding changes in the scope of consolidation) to be in the range of -15 to -20 % with, nevertheless, a positive operating margin from recurring operations. 

    Investors are invited to refer to the Press Release regarding the launch of a capital increase with maintenance of the preferential subscription right, published today.


     ** source : IHS octobre 2020

     

    DELFINGEN, a global leader in protection and routing solutions
    for electric and fluid on-board networks

    EURONEXT Growth Paris - Code ISIN : FR 0000054132 - Mnemonic: ALDEL
    Next press release:  February 5th, 2021 - Fourth quarter 2020 net sales 
    Contact: Mr. Christophe Clerc : +33 (0)3.81.90.73.00 - www.delfingen.com


     

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    DELFINGEN Industry Net Sales for 3rd quarter 2020 - Seite 3 DELFINGEN gets back to growth and significantly outperforms the market  In the third quarter, in a 5 %** market down, the Automotive Division grew by 7 % on a constant perimeter basis. In September, Delfingen achieved its highest ever revenue …