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DELFINGEN Industry — Earnings Release 2010
Nov 10, 2010
1252_iss_2010-11-10_31e0bb10-e582-4086-b41c-503c6ec4f4a8.pdf
Earnings Release
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2010 3 rd quarter sales
November 10 th , 2010
Sustained growth of sales, above the market
| In millions of euros |
2010 | 2009* | Variation | Variation excluding currencies effects |
|---|---|---|---|---|
| Sales | 80.8 | 54.1 | +49.5% | +47.0% |
| of which: Automotive / Europe – Africa South America (EAAS) |
41.5 | 28.0 | +48.2% | +48.2% |
| Automotive / North America – Central America – Asia (ANCA) |
32.4 | 20.8 | +56.1% | +50.3% |
| Special Markets |
6.9 | 5.3 | +32.1% | +29.1% |
* excluding the sales of sold operations for an amount of €0.4 M
The automotive production growth during the 3rd quarter became more moderate (+11%) compared to the 3rd quarter 2009, when the activity recovery was already progressing significantly. In the end of September the automotive production increased by 28% compared to the same period in 2009: 53% in North America and 10% in Europe.
The Delfingen Industry Group figures were above the market and the sales rose by 47% in the end of September 2010, compared to the same period in 2009 (+24% on the 3rd quarter).
In the EAAS area, automotive sales in the end of September 2010 increased by 48%, compared to the same period in 2009. Boosted by the sales in Brazil and the development of new products and business, Delfingen shows a growth always highly superior to the one of the automotive production (+11%).
In the ANCA area, automotive sales increased by 50% (at constant parity) compared to the same period in 2009.
The sales recovery of special markets sped up with a progression of 38.4% (at constant parity) on the 3rd quarter 2010, compared to the 3rd quarter 2009.
Quarterly sales evolution in millions of euros:
Delfingen Industry expects for 2010 to pass the 100 million mark, despite a weakening, during the 4th quarter, of the automotive production, both in America and Europe.
A global leading company in electrical wiring protection and fluid trans fer solutions
Euronext Paris, C compartment - ISIN code: FR 0000054132 - Mnemonic: DELF
Next press release: 4 th quarter sales: 02/11/11
Contact: Mrs Dominique Monange - (+33) (0)3 81 90 73 00 - [email protected]