DELFINGEN Industry: Net sales for 1st half-year 2016


Net sales for 1st half-year 2016

Anteuil, August 1st , 2016

 

Outperformance of the automotive market

Consolidated sales (January 1st to June 30)

In M€ 20161 2015 Growth Constant perim & CER2
Net Sales 90.4 88.8 1.8% 3.0%
 
In M€ 20161 2015 Growth Without exchange rate impact
Automotive 80.0 77.0 4.0% 5.4%
Specialty markets 10.4 11.8 - 12.7% - 12.7%

1 Unaudited

2 At constant perimeter and constant exchange rate

Automotive market: growth is 5.4% on a market that has increased by 2.3%

The published net sales are up by 4.0% in the 1st half-year of 2016 (the evolution is + 5.4% at constant perimeter & CER) at a period when the global automotive production has increased by 2.3%.

Net sales in the wire-harness protection business - which account for 70% of overall sales - are up by 3.7% (+ 5.2% at constant perimeter & CER). The technical tubing for fluid transfer business maintains a sustained growth rate: + 10.3%. The mechanical parts assembly business is down by - 1.7%

The impact of the exchange rates on sales is unfavorable of - 1M€ on the 1st half-year.

At constant perimeter and exchange rate, sales are up as follows:

  • + 5.5% in Europe at a period when that market growth is + 4.5% ;
  • + 5.9% in North America at a period when that market growth is + 3.3% ;
  • + 5.2% in Asia, including + 21% in India and + 12% in China, at a period when that market growth is + 2.5%.

Specialty markets

Specialty markets account for 11% of the sales. Published net sales are down by - 12.7%.

On the basis of a 2% to 3% growth of global automotive production for 2016, DELFINGEN maintains its sales growth objectives above market evolution thanks to accelerating sales in Asia, the development of its range of products for on-board networks protection and by innovation in technical plastic tubing for fluid transfer.

DELFINGEN, a global automotive supplier and a leading manufacturer of on-board networks protection solutions and fluid transfer tubing.
NYSE Alternext Paris - ISIN code: FR 0000054132 - Mnemonic: ALDEL
Next press release: 12/09/2016 - 2016, 1st half-year results
Contact: M. Christophe CLERC: +33 (0)3.81.90.73.00 - www.delfingen.com


Anhänge

DELFINGEN_PR_Q2 2016