DELO produces industrial adhesives for automotive, consumer electronics and semicon applications, as well as dispensing and curing equipment. The company’s total sales for its 2023 fiscal year (ended March 31, 2024) reached €229 million (approximately $249 million), a 12% increase over the 2022 fiscal year.
For the 2023 fiscal year, DELO reports that approximately half of its sales were generated in Asia, with the other half divided between Europe and North America. The most important pillars in terms of sales were the semiconductor, automotive, and consumer electronics markets. Since high R&D expenditures are part of the company's strategy, the company again invested approximately 15% of revenues in research and development for fiscal 2023.
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