Semester result shows strong growth (AcT)
| Million euros | 30/06/2004 | 30/06/2005 * | Change |
| IFRS | IFRS | ||
| Turnover | 49.095 | 51.910 | +5,7% |
| Current operation result | 3.127 | 3.729 | +19,3% |
| ROC / CA | 6,4% | 7,2% | |
| Consolidated net result | 1,352 | 2,642 | +95,4% |
| Group part net result | 1.222 | 2.570 | +110,3% |
| euros/share | 0,81 | 1,71 | +110,3% |
| Shareholders' equity | 17,078 | 22,180 | +29,9% |
| Net indebtedness (**) | 19,887 | 17,402 | -12,5% |
| Invested capital | 36.965 | 39.582 | +7,1% |
| Inv. cap. / CA | 75.3% | 76.3% | +1,3% |
| * Non-audited accounts ** Without movable assets and receivable assignments |
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Historically, the business of the DELTA PLUS Group is mainly focused on the second semester.
Result of the first semester
Turnover has increased by 5.7%, growing by 7.2% for volume.
The Current Operation Result has grown strongly, by 19.3%, reflecting the development of many activities beyond their blocking points. On the other hand, group investments in the new sectors or new ranges have been relatively limited during the period.
Finally, DELTA PLUS has had, during these six months, particularly favourable exchange rates, as the dollar was worth less than 0.75 euros at the beginning of the period.
The Net Result has grown hugely, under the IFRS norm, due to the great increase in the value of DPL shares (Sri Lanka), bringing a potential added value of 1 million euros.
The rate of Invested Capital is stable compared to last year, with the relatively low level of stocks and assets is compensated by the growth of customer receivables and the reduction of supplier debts, connected with shorter payment periods. The growth of Shareholders' Equity allows a -12.5% reduction in Indebtedness at 30 June.
Annual Perspectives
The prediction about an increase in annual volume is confirmed, with +10%. On the other hand, a new decrease in price for the last month led to an cumulated impact around -2% at year end, given that stability in prices was expected, namely an increase in Turnover limited to +8%, i.e. 112 million euros.
The operational margin rate should be higher than for the previous year (i.e. 8.0% under IFRS).
Taking these developments into account, if DPL shares keep their value, the net result will grow significantly during the year.
Delta Plus Group creates, normalizes, manufactures or has manufactured and distributes in Europe a total range of Personal Protective Equipment. Delta Plus Group is listed on the Eurolist® on the Paris Stock Exchange (code FR0004152502).
CONTACT : (+ 33 (0)4 90 74 20 33)| Jacques BENOIT Chairmann |
François-Xavier JEUFFROY Financial manager |
Source : Actusnews