DELO, one of the world’s leading manufacturers of industrial adhesives for automotive, consumer and industrial electronics applications, announced its annual revenue results for the fiscal year ending on March 31, 2018. The company achieved a sales record of $191 million (€ 159 million).
DELO, one of the world’s leading manufacturers of industrial adhesives for automotive, consumer and industrial electronics applications, has earned its ISO 14001:2015 certification. This standard strives to promote environmental protection and reduce the impact of products on the environment.
DELO Industrial Adhesives has appointed Robert Saller to its management board, effective January 1, 2017. Saller, who has been with the company since 1990, will help strengthen the management team and be responsible for several divisions, including international sales, product management, business development and equipment technology.
DELO Industrial Adhesives could close another year with a significant increase. In the fiscal year ending on March 31, 2016, the enterprise generated 80 million Euro (USD 88.5 million), about 70 percent of which abroad. Thus, the turnover increased by 8.6 percent against the figures of the previous year; two-digit growth rates could be achieved, among other countries, in China, the USA and Germany.
DELO Industrial Adhesives completed another fiscal year with a clear plus. The company concluded the fiscal year that ended on March 31, 2015, with sales revenues of EUR 74 million (USD 93.2 million), representing an increase of 24 percent over the previous year’s figures. The strongest growth could be recorded in China and the USA. Revenues abroad amounted to 70 percent. This is the first time that the medium-sized company gained more than two thirds of the revenues outside Germany.