DELO produces industrial adhesives for automotive, consumer, and electronics applications, as well as dispensing and curing equipment. The company’s total sales for its 2022 fiscal year (ended March 31, 2022) reached €182 million (approximately $194.8 million), a 9% increase over 2020.
DELO reports that half of its fiscal 2022 revenues came from Asia, with China alone accounting for 31% of its total sales. In 2021, the company established a subsidiary in Malaysia and opened new facilities in South Korea. Germany generated 19% of DELO’s sales for the year, followed by the U.S. (13%).