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DELO, one of the world’s leading manufacturers of high-tech adhesives as well as dispensing and curing equipment, has announced that it has achieved over €245 million ($265 million) in revenue during the 2024/2025 fiscal year (ending March 31, 2025). Despite a volatile global economy, this represents a 7% increase compared to the previous year, setting a new record in the company's history.
Key growth
Among the fastest-growing markets were Brazil and India. Asia remained the company's largest market, accounting for 56% of its revenue, followed by Europe at 29%, and the Americas at 15%. During the 2024/2025 fiscal year, DELO saw key growth within the semiconductor, automotive, consumer electronic, and medical electronic sectors. Investment in research and development held steady at 15% of revenue, which is approximately three times the industry average.
"In the past fiscal year, we faced short-term planning from our clients, accompanied by significant volatility, reflecting their uncertainties about market trends," said Dr. Wolf Herold, Managing Partner of DELO. "Despite feeling the impact of Germany's struggling automotive industry, we successfully mitigated this with our strategic regional and sectoral diversification and robust growth in previously smaller markets like Brazil and India."
Expansion
Plans for expanding manufacturing in Malaysia are underway, with land already purchased in the Kuala Lumpur metropolitan area and construction planning in progress. The company continues to heavily invest in its headquarters located in Windach, Germany. It has successfully completed a fully automated 65,000 sq ft warehouse structure and is starting on its interior construction, with operations set to start by the end of 2025.
In addition, work has begun on a new corporate forum and an extra laboratory building, both set to feature rooftops equipped with sizeable solar installations. The 4,000 solar modules, installed and activated last year, generated enough electricity in their first 12 months to meet the annual power needs of approximately 430 households.
By the end of the last fiscal year, DELO's workforce grew to 1,160 employees, up from 1,070 the prior year. The company has plans to increase headcount to approximately 1,200 during the current 2025/26 fiscal year.
