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DELFINGEN Industry Earnings Release 2009

May 13, 2009

1252_iss_2009-05-13_4bc42163-8c27-4544-9647-3961a72db598.pdf

Earnings Release

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2009 firstq uarte rsale s

M ay 13th , 2009

Th e s trong d e cline of m a rk e ts i m p a cts th e a ctivi ty

In
m
illions
ofe
uros
2009 2008 Variation Variation
e
xcluding
curre
ncie
s
e
ffe
cts
Sale
s
15.4 23.9 -35.4% -
39
.6%
ofw
h
ich
:
Europe
-Africa-South
A
m
e
rica
(EA
A
S)
7.8 15.3 -48.6% -
48.6%
North
A
m
e
rica
-
Ce
ntral
A
m
e
rica
-
A
sia
(A
NCA
)
7.6 8.6 -12.1% -
23.5%

Th e fallofautom otive m ark e ts ,trigge re d in 2008,gotw orse during th e firsth alf- y e ar 2009 (- 50% in A m e rica and - 34% in Europe ).

In th is conte xt, sale s figue s ofth e D e lfinge n Industry Group w e nt dow n strongly (- 35.4% atcurre ntrate ), im pacte d by :

• th e dow nsw ing in busine ss (-50%),

• th e incre ase ofm ark e tparts link e d to th e acq uisition – in th e m iddle ofM arch 2008 – ofth e 'w iring h arne ss prote ction' division ofM & Q (+ 11%),

• th e incre ase ofth e dollar parity com pare d to th e e uro (+ 4%).

In th e Europe an are a, th e de cline re m ains gre ate r th an th e one ofth e m ark e t, m ainly due to th e car m anufacture rs and th e O EM s de stock ing.

In th e A m e rican are a, th e drop due to th e m ark e t(-51%) is partially com pe nsate d for th e incre ase ofour m ark e tpart link e d to th e acq uisition ofM & Q (+ 28%).

In th is conte xt,th e D e lfinge n Industry Group:

  • h as se cure d its financings up to th e e nd of2011
  • continue s: th e adjustm e nts ofits organization and its production capabilitie s, - its e fforts ofproductivity ,

w h ich allow s to e nte r th e y e ar 2009 w ith se re nity .

Ne xtpre s s re le as e : 06/05/2009 : Notice ofconvok ing for th e A nnualG e ne ralM e e ting ofS h are h olde rs on June 20th , 2009 Contact: M rs D om iniq ue M onange : + 33 (0)3.81.9 0.73.00 – w w w .de lfinge n.com