DGAP-News: Delignit AG / Key word(s): Incoming Orders
Delignit further expands production capacity for serial order of motor caravans
2021-07-19 / 07:30
The issuer is solely responsible for the content of this announcement.
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Delignit further expands production capacity for serial order of motor caravans
Blomberg, 19 July 2021. Delignit AG (ISIN DE000A0MZ4B0), a leading manufacturer of ecological, hardwood-based products
and system solutions based in Blomberg, is expanding its capacity for the production of interior equipment components
for motor caravans following a volume increase by a leading German automotive group.
The announced increase in unit numbers for an existing serial supply contract results in a potential increase in
revenue by a single-digit million euro amount per year from 2022 onwards. The eventual revenue impact remains subject
to the actual call-off of the OEM customer's non-binding quantity plans underlying the order. Series production for the
motor caravan interior components will continue to run until 2029, hence translating into a potential increase in
revenue of more than EUR 20 million over the complete contract term.
The Management Board sees the rising customer demand in the growing motor caravan business as a confirmation of its
decision to further expand this market first entered in 2019 as an additional strategic business area of the Delignit
Group. The motor caravan market already made significant contributions to the Delignit Group's revenue growth in fiscal
2020, and will remain a key pillar of the growth strategy going forward as well.
About the Delignit Group:
The Delignit Group develops, produces and sells ecological materials and system solutions made of renewable raw
materials under the brand name Delignit. As a recognised development, project and serial supplier of leading automotive
groups, the Delignit Group is, among other things, world market leader for supplying the automotive industry with cargo
bay protection and cargo securing systems for light commercial vehicles. With a variety of applications and a vertical
integration that are unique in its industry, the Delignit Group serves numerous other technology sectors, for example
as a worldwide system supplier of reputable rail vehicle manufacturers. Delignit solutions have exceptional technical
properties and are also used, among other things, as trunk floors in passenger cars, interior equipment for motor
caravans and special floors for factory and logistics buildings and to improve building security standards.
Delignit material is predominantly based on European hardwood, is CO[2] neutral in its life cycle and therefore
ecologically superior to non-regenerative materials. The use of the Delignit material therefore improves the
environmental performance of customer products and meets their increasing ecological requirements. The company was
founded over 200 years ago. Delignit AG is listed in the Scale segment of the Frankfurt Stock Exchange.
Further information is available online at www.delignit.com.
Contact:
Delignit AG
Königswinkel 2-6
32825 Blomberg
Tel. +49 5235 966-156
Fax +49 5235 966-351
e-mail: ir@delignit.com
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2021-07-19 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
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Language: English
Company: Delignit AG
Königswinkel 2-6
32825 Blomberg
Germany
Phone: +49 (0)5235 / 966-0
Fax: +49 (0)5235 / 966-105
E-mail: info@delignit.de
Internet: http://www.delignit.de
ISIN: DE000A0MZ4B0
WKN: A0MZ4B
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Stuttgart, Tradegate
Exchange
EQS News ID: 1219699
End of News DGAP News Service
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1219699 2021-07-19
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July 19, 2021 01:30 ET (05:30 GMT)