Delfingen has reported a 14.8% drop in net income (group share) to 6.9 million euros for the past year, with current operating margin up 1.2 points to 6.2% of sales, above its latest target of around 6%.

The automotive supplier's sales rose by 9.5% to 456.7 million euros, including an 8.3% increase in mobility sales, outperforming the global automotive market by 70 basis points.

At the AGM on June 14, the Board of Directors will propose payment of a dividend of 1.15 euros per share for 2023, up 80%, 'testifying to management's confidence in the Group's fundamentals'.

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