Delignit’s H121 results showed a strong recovery compared to last year’s results, which were affected by the pandemic. The company maintained its FY21 guidance of at least 14% revenue growth and an EBITDA margin of at least 9%. However, there is some uncertainty about the impact of the shortage of electronics components and higher raw materials prices. Delignit’s strategy is focused on several ecologically driven trends, such as the use of renewable materials and weight optimisation of products. As most of Delignit’s products are wood based, their life cycles are CO2 neutral, which gives it a key competitive advantage.
03 Sep 2021
Delignit - Automotive drives strong recovery in H121
Sign up for free to access
Get access to the latest equity research in real-time from 12 commissioned providers.
Get access to the latest equity research in real-time from 12 commissioned providers.
Delignit - Automotive drives strong recovery in H121
Delignit AG (DLX:ETR) | 0 0 1.9% | Mkt Cap: 67.2m
- Published:
03 Sep 2021 -
Author:
Johan van den Hooven -
Pages:
5 -
Delignit’s H121 results showed a strong recovery compared to last year’s results, which were affected by the pandemic. The company maintained its FY21 guidance of at least 14% revenue growth and an EBITDA margin of at least 9%. However, there is some uncertainty about the impact of the shortage of electronics components and higher raw materials prices. Delignit’s strategy is focused on several ecologically driven trends, such as the use of renewable materials and weight optimisation of products. As most of Delignit’s products are wood based, their life cycles are CO2 neutral, which gives it a key competitive advantage.