<< Mitteilung

2019-11-08 17:30

DELFINGEN Industry: Net sales for 3rd quarter 2019

Net sales for 3rd quarter 2019
Anteuil, November 8th 2019

7.3 % increase in published net sales
Outperformance of the global automotive production by 11 points

In deteriorated market conditions, growth remains sustained with an 11 points outperformance of global automotive production. Sales in the Automotive market (80 % of total sales) increased in all market segments and all regions.
This strong performance reflects the efforts undertaken to develop growth drivers in both textile tubing for cable and hose protection and technical fluid transfer tubes. 

Consolidated sales at the end of September 2019

In millions euros 2019* 2018 Published
Net sales
172.9 161.1 7.3 %


Croissance
organique
Exchange
rates impact
3.7 % 3.6 %


In millions euros 2019* 2018 Published
Automotive 139.1

 
128.1

 
8.5 %
Specialty Markets 33.8 33.0  2.4 %


Organic growth
Exchange
rates impact
5.2 % 3.4 %
- 2.0 % 4.4 %

*Unaudited

Automotive market: growth is 5.2 % in a market that went down by 6 %

The net sales at constant exchange rates went up by 5.2 %  at the end of September 2019 (+ 8.5 % in published data) at a period when the global automotive production went down by 6 %. 

The impact of the exchange rates on - Automotive - sales was favorable of 4.3 M€ at the end of September mainly due to the parity (€/$).

By business

  • Net sales in the “on-board networks protection“ business (which account for 58 % of overall sales) is stable at + 0.5 % (+ 3.6 % in published data),
  • The “technical fluid transfer tubes” business went up by 19.3 % at constant exchange rates  (+ 21.4 % in published data),
  • The “mechanical parts assembly” business went up by 13.7 % at constant exchange rates (13.4 % in published data).

By region

At constant exchange rates, sales per region evolved as follow:

  • + 2.7 % in Europe - Afrique (33.9 % of - Automotive - sales) in a market that went down by 4 %**,
  • + 7.8 % in the Americas (50.8 % of - Automotive - sales) in a market that went down by 2 %**,
  • + 3.4 % in Asia (15.3 % of - Automotive - sales), including + 2.5 % in India and + 4.2 % in China, in a market that went down by 9 %**.

By quarters

Organic growth DELFINGEN Automotive Production
 (IHS Source)
Q1 + 5 % - 7 %
Q2 + 3 % - 8 %
Q3 + 8 % - 3 %

** Source IHS september 2019

Specialty markets

Sales in the specialty markets went down by 2 % at constant exchange rates (+ 2.4 %  in published data).

At constant exchange rates:

  • Drossbach North America sales went up by 1.5 % (+ 7.8 % in published data),
  • The non-automotive “electrical and thermal insulation” business went down by 5.4 % (+ 0.1 %  in published data),
  • The non-automotive “technical textiles” business went down by 4.5 %.

The impact of the exchange rates on - Specialty markets - sales was favorable of 1.4 M€ at the end of September mainly due to the parity (€/$).

The increase in sales at constant exchange rates in 2019 confirms DELFINGEN’s growth potential, in line with its strategic plan: leadership in the protection of on-board network solutions and diversification in the field of technical fluid transfer tubes.

With the increase of media content and safety constraints, the development of hybrid and electric engines along with the advent of connected and autonomous cars, wire harnesses have truly become the nervous system of a vehicle.

DELFINGEN’s mission is to protect it by providing even more innovative solutions and with more added value.

DELFINGEN, a global leader in protection and routing solutions 
for electric and fluid on-board networks.

EURONEXT GROWTH Paris - Code ISIN: FR 0000054132 - Mnemonic: ALDEL
Contact: Mr. Christophe CLERC: +33 (0)3.81.90.73.00  - www.delfingen.com

 

Attachment

Indizes

LU0916829079 654.8089 (+2.16%)

Aktien und Anleihen

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ArcelorMittal (EUR) 16.37 15.784 +3.71%
BlueMarHoldings (EUR) 3.8 3.8 +0.00%
Brederode (EUR) 77.0 77.4 -0.52%
EDIFY act. ord. (EUR) 51.0 53.0 -3.77%
HellaGmbHKGaa (EUR) 49.6 48.16 +2.99%
ImmoLux-Airport (EUR) 6.4 6.1 +4.92%
Luxempart (EUR) 53.5 53.5 +0.00%
RTLGroup (EUR) 43.6 42.84 +1.77%
ReinetInvest (EUR) 16.7 16.5 +1.21%
SEO .prvB (EUR) 228.0 240.0 -5.00%
SEO 1/5prvB (EUR) 40.2 44.4 -9.46%
SES FDR (EUR) 12.37 12.175 +1.60%
SocFinCaoutchcs (EUR) 26.4 26.2 +0.76%
Socfinaf (EUR) 11.3 11.4 -0.88%
Socfinasia (EUR) 15.4 15.4 +0.00%
Vonovia (EUR) 47.0 46.92 +0.17%
Anleihe Kurs Letz. +/-
AXA 5,25% 16/04/2040 (EUR) 101.755 101.795 -0.04%
AirbusFinan 2,375% 02/04/2024 (EUR) 109.597 109.611 -0.01%
Astaldi 7,125% 01/12/2020 (EUR) 16.269 16.829 -3.33%
BASF 2,5% 22/01/2024 (EUR) 109.987 109.994 -0.01%
BNGBank 4,375% 16/02/2021 (USD) 102.94 102.937 +0.00%
BarclaysBank 4,75% pp (EUR) 98.275 99.438 -1.17%
Bayer 1,875% 25/01/2021 (EUR) 101.81 101.82 -0.01%
Bayer 2,375% 02/04/2075 (EUR) 102.42 102.455 -0.03%
BenOldmanESB 10% 23/10/2021 (EUR) 102.0 102.0 +0.00%
Bombardier 6,125% 15/05/2021 (EUR) 104.445 104.425 +0.02%
Bouygues 3,625% 16/01/2023 (EUR) 111.909 111.941 -0.03%
CasinoGuichardP FRN pp (EUR) 38.29 38.506 -0.56%
CmaCgm 7,75% 15/01/2021 Reg S (EUR) 96.184 96.084 +0.10%
Colombia 8,375% 15/02/2027 (USD) 123.0 124.55 -1.24%
Daimler 2% 25/06/2021 (EUR) 103.279 103.3 -0.02%
DeutscheBank 2,2% 17/11/2020 (USD) 98.74 98.75 -0.01%
DtscheLufthansa 5,125% 12/08/2075 (EUR) 105.405 105.405 +0.00%
EFSF 1,875% 23/05/2023 (EUR) 107.79 107.87 -0.07%
EFSF 2,25% 05/09/2022 (EUR) 107.41 107.49 -0.07%
ENI 1,75% 18/01/2024 (EUR) 107.0 107.155 -0.14%
GazCapital 8,625% 28/04/2034 (USD) 148.134 147.863 +0.18%
GiePsaTresor 6% 19/09/2033 (EUR) 145.98 146.73 -0.51%
HeidelbergFinLu 7,5% 03/04/2020 (EUR) 102.32 102.384 -0.06%
HornbachBau 3,875% 15/02/2020 (EUR) 100.669 100.68 -0.01%
KfWA 2% 02/05/2025 (USD) 100.985 101.275 -0.29%
Lafarge 4,75% 23/03/2020 (EUR) 101.3 101.34 -0.04%
Luxembourg 2,125% 10/07/2023 (EUR) 109.524 109.531 -0.01%
Luxembourg 2,25% 19/03/2028 (EUR) 120.472 120.414 +0.05%
Luxembourg 2,25% 21/03/2022 (EUR) 106.525 106.58 -0.05%
Luxembourg 2,75% 20/08/2043 (EUR) 143.669 141.305 +1.67%
Luxembourg 3,375% 18/05/2020 (EUR) 101.655 101.685 -0.03%
MOBY 7,75% 15/02/2023 Reg S (EUR) 35.375 35.261 +0.32%
McDonalds 2% 01/06/2023 (EUR) 107.262 107.266 -0.00%
MüchenerRückGes 6% 26/05/2041 (EUR) 108.641 108.676 -0.03%
NBFinanceLtd FRN 07/02/2035 (EUR) 93.0 93.666 -0.71%
NordRheinWFalen 2,375% 16/09/2021 (USD) 101.021 100.976 +0.04%
NovoBanco 100 09/04/2052 (EUR) 22.976 22.981 -0.02%
NovoBanco 3,5% 02/01/2043 (EUR) 97.516 97.404 +0.12%
OMV 6,25% pp (EUR) 127.42 127.44 -0.02%
Pemex 6,5% 02/06/2041 (USD) 98.733 98.334 +0.41%
PetroVenezuela 12,75% 17/02/2022 (USD) 28.7 27.0 +6.30%
PetroVenezuela 5,375% 12/04/2027 (USD) 13.933 13.933 +0.00%
PetroVenezuela 5,5% 12/04/2037 (USD) 13.93 13.93 +0.00%
Philippines 4,2% 21/01/2024 (USD) 108.026 107.967 +0.05%
Portugal 5,125% 15/10/2024 (USD) 112.792 112.788 +0.00%
RWE 3,5% 21/04/2075 (EUR) 109.875 109.89 -0.01%
RWE 6,625% 30/07/2075 (USD) 113.925 113.925 +0.00%
RaiffeisenBkInt 6% 16/10/2023 (EUR) 120.197 120.201 -0.00%
RussianFed 7,5% 31/03/2030 (USD) 120.594 120.558 +0.03%
SNCFMobilites 4,875% 12/06/2023 (EUR) 118.396 118.394 +0.00%
Sanofi 1,75% 10/09/2026 (EUR) 111.56 111.81 -0.22%
StadaArzneimitt 1,75% 08/04/2022 (EUR) 101.991 101.994 -0.00%
SüdzuckIntlFin FRN pp (EUR) 82.545 81.384 +1.43%
TelecomItaliaCa 7,2% 18/07/2036 (USD) 117.654 117.556 +0.08%
TelecomItaliaFi 7,75% 24/01/2033 (EUR) 149.726 149.456 +0.18%
Thyssenkrupp 2,5% 25/02/2025 (EUR) 101.375 101.375 +0.00%
Turkey 7,375% 05/02/2025 (USD) 108.349 108.255 +0.09%
VWIntlFin 4,625% pp (EUR) 113.91 113.99 -0.07%
VWIntlFin 5,125% pp (EUR) 113.651 113.75 -0.09%
Venezuela 11,75% 21/10/2026 (USD) 17.457 19.685 -11.32%
VeoliaEnvironn 6,125% 25/11/2033 (EUR) 170.389 170.287 +0.06%
YPF 8,5% 28/07/2025 Reg S (USD) 83.631 83.344 +0.34%
ØRSTED A/S 6,25% 26/06/3013 (EUR) 118.25 118.25 +0.00%