AI assistant
DELFINGEN Industry — Earnings Release 2012
Nov 15, 2012
1252_iss_2012-11-15_46fda40e-2e22-45fb-9c7c-94cab2750abd.pdf
Earnings Release
Open in viewerOpens in your device viewer
2012 3 rd quarter sales
November 15th, 2012
S A L E S F I G U R E S I N C R E A S E D B Y 1 0 %, S T I M U L A T E D B Y G L O B A L S A L E S
| In millions of euros |
2012* | 2011 | Growth |
|---|---|---|---|
| Sales | 93.6 | 85.4 | 10% |
| * Not audited | |||
| In millions of euros |
2012* | 2011 | Growth |
| Automotive | 85.0 | 78.4 | 9% |
| Specialty markets |
8.6 | 7.0 | 23% |
| * Not audited |
Global automotive market : +9%
At the end of September 2012, the global automotive production had increased by 7% compared to the same period in 2011. That evolution remained very mixed, with some regions that were down: by 4% in Europe and by 5% in South America, when others were increasing: Asia by 12% and North America by 20%.
The Delfingen Industry Group showed an Automotive sales increase of 9% compared to the 9 first months in 2011 (+4% at constant parity):
• The sales were very dynamic in North America and mainly in Asia:
o In North and Central America, the Group fully benefited from the market growth: an increase of 20%, at constant parity. While taking advantage of the favourable effect of the parity between dollar and euro, our sales increase reached 32%.
o In Asia, the automotive market increased by 12% at the end of September. Our growth, over the same period, was of 50% (37% excluding the impact of the dollar parity). This growth appeared because:
-Of the development of activities in the fluids transfer field in ASEAN: an increase of 76% of our sales.
-Of the strong growth of our sales in China (multiplied by 4 compared to the same period in 2011).
• In Europe and in South America, sales fell by 9% in a decreasing market (4% and 5% respectively).
Specialty markets : +23%
The sales of components and protections towards other industries that the automotive sector, knew a high increase: 23% in the USA and in Europe.
The acquisition of Hilec in the USA, at the end of August 2012 supported that growth and strengthened the share in nonautomotive sales.
Quarterly sales evolution in millions of euros:
Delfingen Industry confirms its sales target of € 122 M for 2012.
Global automotive supplier of protection sys tems , fluid trans fer solutions and as sembly technologies
Euronext Pari s , C compartment – ISIN code: FR 0000054132 – Mnemonic: DELF Next pres s release: 02/13/2013 - 2012 4 th quarter sales Contact: Mr Bertrand Sarrere : +33 (0)3.81.90.73.00 – www.delfingen.com