In the 2021/22 financial year (ending March 31), Delo generated revenue of € 182 million. This is 9% more than in the previous year. The manufacturer of high-tech adhesives, multifunctional materials and associated equipment systems achieved double-digit growth in Malaysia, South Korea and the USA. Overall, Delo generated half of its revenue in Asia, a third in Europe and a sixth in North America. The largest individual markets were China with a 31% share of sales, followed by Germany with 19% and the USA with 13%. Consumer electronics, the automotive industry and the semiconductor industry are once again the most important sectors to which the company supplies.
Compared to the unstable previous year, which was dominated by coronavirus, the 2021/22 financial year was characterized by more stability, but remained challenging. "Due to limited air transport capacities and local lockdowns, smooth delivery was a continuous challenge," says Dr. Wolf Herold, Managing Partner of Delo. "Thanks to the great commitment of our employees and close coordination with our transport service providers, we were able to reliably supply our customers even in this difficult environment." Investments in research and development accounted for around 15% of turnover. Internationalization was driven forward. The establishment of the Malaysian subsidiary was completed and the company moved into new premises in South Korea.
