Delfingen SA, a global leader in cable protection solutions for the automotive and industrial markets, and PT Askara Internal, an Indonesian company specializing in the production of cable harnesses and injected plastic and rubber parts, have signed a Joint-Venture agreement. This alliance aims to jointly address the evolving Indonesian market for automobiles, two-wheelers, and all-terrain vehicles. The partnership involves integrating Delfingen's technologies and expertise within a new joint facility based in Purwakarta, Java.
Objectives of the Partnership
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According to the press release, the partnership aims to achieve three main objectives: enhance the local integration rate for vehicles manufactured in Indonesia, provide a complete cable protection solution with local storage and just-in-time delivery capabilities, and introduce new solutions dedicated to batteries and electric vehicles. Delfingen employs 3,800 staff and has a global presence with 40 offices in 20 countries. PT Askara Internal employs about 4,000 people and was established in 1996.
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SectorAutomobile et mobilité›Équipementiers automobiles
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Context
Period
Period: S1 2026
Key reported figures
Revenue: 197,2 millions d'euros
Quarterly revenue: 197,2 millions d'euros
Net income: 11,5 millions d'euros
Free cash flow: 4,1 millions d'euros
125,4 millions d'euros
Guidance from the release
« Nous restons néanmoins prudents compte tenu du niveau limité de visibilité sur les prochains mois lié au contexte international. »
Risks mentioned
Effet de change défavorable de 3,9 % lié à la parité €/$ sur le semestre
Chiffre d'affaires semestriel en recul de 8,4 % en publié
Environnement géopolitique et économique perturbé
Opportunities identified
Amélioration séquentielle de l'activité au deuxième trimestre
Organisation « local-to-local » sécurisant la supply-chain
Croissance dans les zones à fort potentiel : Inde et Afrique du Nord
Outlook / guidance
Management commentary: « Stabilité du chiffre d'affaires à taux de change constant » — objectif IMPULSE 2026 confirmé
The information presented in this article is provided for informational purposes only and does not constitute an investment recommendation, an incentive to buy or sell a financial asset, or investment advice. Readers are invited to conduct their own research before making any decision.
Investments in the stock market involve risks, including the risk of capital loss. Past performance of an asset or market is no guarantee of future results. Any investment decision should be made taking into account your personal financial situation, objectives and risk tolerance.
