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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