Net sales for 3rd quarter 2014
Anteuil, November 14, 2014
Net sales up by 25% in 3rd quarter
and 22% in past 9 months
Consolidated sales (January 1st to September 30)
| in M€ | 2014* | 2013 | growth | Without exrate impact |
| Net sales | 118.7 | 97.1 | 22.3% | 24.3% |
| in M€ | 2014* | 2013 | growth | Without exrate impact |
| automotive | 96.1 | 85.6 | 12.2% | 14.2% |
| specialty markets | 22.6 | 11.4 | 97.8% | 99.9% |
| *unaudited |
Automotive sales are driven by North America and Asia
· The net sales are up by 14.0% in the 3rd quarter and up by 12.2% on the past 9 months. The sales of the Group benefit from the integration within the scope of consolidation of the acquisitions in India, China and Germany (automotive division).
· In the 3rd quarter, sales rose by 1.6% at constant scope and exchange rates:
- - 3.6% in Europe
- + 4.3% in North and Central America
- + 16.9% in Asia, of which China +57%
· In 9 months, at constant scope and exchange rates, sales rose by +2,7%, notably :
- - 3.0% in Europe
- + 8,4% in North and Central America
- + 6.4% in Asia, of which China +46.6%
Sales in specialty markets continue to make progress
· The net sales are up by 106.7% in the 3rd quarter and up 97.8% in the last 9 months. The sales of the Group benefit from the integration within the scope of consolidation of the acquisitions in Germany (non-automotive Technical Textiles division).
At constant scope and exchange rates, sales rose by 2.6% in the 3rd quarter and by 6.1% in the last 9 months.
Delfingen continues to implement its strategic plan
Sales at end September 2014 confirm Delfingen's strategic guidelines:
- Increase our presence in Asia, today's first automotive market in the world
- Reinforce our position at German carmakers and automotive suppliers level ;
- Expand our range of products and services, notably in the fields of technical textiles;
- Leverage on our expertise in technical tubing for fluid transfer solutions.
DELFINGEN, a global leading manufacturer of protection solutions for electrical wiring and fluid automotive networks.
NYSE Alternext Paris - ISIN code: FR 0000054132 - Mnemonic: ALDEL
Next press release: 02/11/2015 - 2014 4th quater sales
Contact: M. Christophe CLERC: +33 (0)3 81 90 73 00 - www.delfingen.com