Aankondiging • Apr 18
Delta Plus Group (ENXTPA:ALDLT) acquired Athenas Consultoria e Informatica S/A. Delta Plus Group (ENXTPA:ALDLT) acquired Athenas Consultoria e Informatica S/A on April 16, 2026.
For the period ending December 31, 2025, Athenas Consultoria e Informatica S/A reported total revenue of €7.2 million. The company will be fully consolidated into the Group’s financial statements as of January 1, 2026.
Delta Plus Group (ENXTPA:ALDLT) completed the acquisition of Athenas Consultoria e Informatica S/A on April 16, 2026. Aankondiging • Apr 14
Delta Plus Group (ENXTPA:ALDLT) acquired Sicur Delta S.R.L. Delta Plus Group (ENXTPA:ALDLT) acquired Sicur Delta S.R.L. on January 1, 2026.
Post-acquisition, Sicur Delta will serve as a growth platform for Delta Plus Group's Systems division in Italy. David del Tacca will continue to lead Sicur Delta.
Delta Plus Group (ENXTPA:ALDLT) completed the acquisition of Sicur Delta S.R.L. on January 1, 2026. Major Estimate Revision • Apr 08
Consensus EPS estimates fall by 16% The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate fell from €4.59 to €3.87. Revenue forecast unchanged from €397.4m at last update. Net income forecast to grow 4.4% next year vs 10% growth forecast for Commercial Services industry in France. Consensus price target down from €68.65 to €65.33. Share price was steady at €40.00 over the past week. Reported Earnings • Apr 04
Full year 2025 earnings released Full year 2025 results: Revenue: €389.6m (down 2.6% from FY 2024). Net income: €27.2m (down 13% from FY 2024). Profit margin: 7.0% (down from 7.8% in FY 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.5% p.a. on average during the next 2 years, compared to a 4.3% growth forecast for the Commercial Services industry in France. Aankondiging • Oct 21
Delta Plus Group (ENXTPA:ALDLT) acquired Uab Gevanta. Delta Plus Group (ENXTPA:ALDLT) acquired Uab Gevanta on October 20, 2025. The acquisition of Gevanta is part of the group's strategy to move upmarket and consolidate its market share. Gevanta has a turnover of around €9 million, a higher margin than the Group and 17 employees. The company will be included in the Group's consolidated accounts retroactively from July 1, 2025.
Delta Plus Group (ENXTPA:ALDLT) completed the acquisition of Uab Gevanta on October 20, 2025. New Risk • Sep 10
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 55% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (55% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Valuation Update With 7 Day Price Move • Jul 09
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €55.00, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 12x in the Commercial Services industry in France. Total loss to shareholders of 19% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €96.56 per share. Aankondiging • May 08
Delta Plus Group, Annual General Meeting, Jun 13, 2025 Delta Plus Group, Annual General Meeting, Jun 13, 2025. Location: zac lapeyroliere, vaucluse France Reported Earnings • Apr 03
Full year 2024 earnings released Full year 2024 results: Revenue: €400.1m (down 4.9% from FY 2023). Net income: €31.1m (down 18% from FY 2023). Profit margin: 7.8% (down from 9.0% in FY 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Commercial Services industry in France. Price Target Changed • Nov 11
Price target decreased by 7.9% to €79.68 Down from €86.48, the current price target is an average from 4 analysts. New target price is 26% above last closing price of €63.00. Stock is down 6.4% over the past year. The company is forecast to post earnings per share of €4.85 for next year compared to €5.30 last year. Aankondiging • Sep 26
Delta Plus Group (ENXTPA:ALDLT) acquired Armor B.V. Delta Plus Group (ENXTPA:ALDLT) acquired Armor B.V. on September 25, 2024. In 2023, Armor reached a turnover of €13.2 million.
Delta Plus Group (ENXTPA:ALDLT) completed the acquisition of Armor B.V. on September 25, 2024. Reported Earnings • Sep 08
First half 2024 earnings released First half 2024 results: Revenue: €193.9m (down 9.0% from 1H 2023). Net income: €12.1m (down 38% from 1H 2023). Profit margin: 6.2% (down from 9.1% in 1H 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Commercial Services industry in France. Buy Or Sell Opportunity • Aug 31
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 17% to €69.40. The fair value is estimated to be €87.93, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 9.4%. For the next 3 years, revenue is forecast to grow by 2.2% per annum. Earnings are also forecast to grow by 3.8% per annum over the same time period. Buy Or Sell Opportunity • Aug 02
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 14% to €70.20. The fair value is estimated to be €87.84, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 9.4%. For the next 3 years, revenue is forecast to grow by 2.2% per annum. Earnings are also forecast to grow by 4.0% per annum over the same time period. Buy Or Sell Opportunity • Jul 02
Now 27% undervalued after recent price drop Over the last 90 days, the stock has fallen 7.3% to €70.60. The fair value is estimated to be €96.87, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 9.4%. For the next 3 years, revenue is forecast to grow by 2.9% per annum. Earnings are also forecast to grow by 5.1% per annum over the same time period. Buy Or Sell Opportunity • Jun 19
Now 21% undervalued Over the last 90 days, the stock has risen 3.4% to €75.60. The fair value is estimated to be €96.19, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 9.4%. For the next 3 years, revenue is forecast to grow by 2.9% per annum. Earnings are also forecast to grow by 5.1% per annum over the same time period. New Risk • Apr 04
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 54% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. This is currently the only risk that has been identified for the company. Reported Earnings • Apr 03
Full year 2023 earnings released Full year 2023 results: Revenue: €420.6m (flat on FY 2022). Net income: €38.0m (up 12% from FY 2022). Profit margin: 9.0% (up from 8.0% in FY 2022). Revenue is forecast to grow 2.9% p.a. on average during the next 2 years, compared to a 5.1% growth forecast for the Commercial Services industry in France. Buying Opportunity • Jan 09
Now 21% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be €91.03, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 9.0%. Revenue is forecast to grow by 4.8% in 2 years. Earnings is forecast to grow by 8.7% in the next 2 years. Buying Opportunity • Dec 04
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 1.6%. The fair value is estimated to be €90.40, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 9.0%. Revenue is forecast to grow by 4.8% in 2 years. Earnings is forecast to grow by 8.7% in the next 2 years. Buying Opportunity • Sep 15
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 3.8%. The fair value is estimated to be €96.56, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 9.0%. Revenue is forecast to grow by 5.8% in 2 years. Earnings is forecast to grow by 12% in the next 2 years. New Risk • Sep 11
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 67% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. This is currently the only risk that has been identified for the company. Buying Opportunity • Jun 15
Now 20% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be €97.89, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 7.8%. For the next 3 years, revenue is forecast to grow by 3.7% per annum. Earnings is also forecast to grow by 11% per annum over the same time period. Reported Earnings • Apr 06
Full year 2022 earnings released Full year 2022 results: Revenue: €420.2m (up 22% from FY 2021). Net income: €33.8m (up 4.2% from FY 2021). Profit margin: 8.0% (down from 9.4% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Commercial Services industry in France. Board Change • Nov 16
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 3 highly experienced directors. No independent directors (3 non-independent directors). Director Brigitte Benoit was the last director to join the board, commencing their role in 2011. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Sep 09
First half 2022 earnings released: EPS: €0 (vs €2.02 in 1H 2021) First half 2022 results: EPS: €0. Revenue: €204.9m (up 23% from 1H 2021). Net income: €14.7m (up 1.4% from 1H 2021). Profit margin: 7.2% (down from 8.7% in 1H 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Commercial Services industry in France. Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 3 highly experienced directors. No independent directors (3 non-independent directors). Director Brigitte Benoit was the last director to join the board, commencing their role in 2011. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Apr 08
Full year 2021 earnings: Revenues in line with analyst expectations Full year 2021 results: Revenue: €344.2m (up 19% from FY 2020). Net income: €32.4m (up 11% from FY 2020). Profit margin: 9.4% (in line with FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 18%, compared to a 15% growth forecast for the industry in France. Valuation Update With 7 Day Price Move • Mar 14
Investor sentiment improved over the past week After last week's 21% share price gain to €85.40, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 13x in the Commercial Services industry in France. Total returns to shareholders of 157% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €152 per share. Price Target Changed • Jan 19
Price target increased to €107 Up from €97.80, the current price target is an average from 3 analysts. New target price is 15% above last closing price of €93.00. Stock is up 23% over the past year. The company is forecast to post earnings per share of €4.59 for next year compared to €4.09 last year. Reported Earnings • Sep 10
First half 2021 earnings released: EPS €2.02 (vs €1.86 in 1H 2020) The company reported a solid first half result with improved earnings and revenues, although profit margins were weaker. First half 2021 results: Revenue: €166.8m (up 22% from 1H 2020). Net income: €14.5m (up 9.0% from 1H 2020). Profit margin: 8.7% (down from 9.7% in 1H 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Apr 16
Full year 2020 earnings released The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: €288.7m (up 9.6% from FY 2019). Net income: €29.3m (up 9.9% from FY 2019). Profit margin: 10% (in line with FY 2019). Aankondiging • Feb 03
Delta Plus Group (ENXTPA:DLTA) acquired ARTEX GmbH. Delta Plus Group (ENXTPA:DLTA) acquired ARTEX GmbH in January 2021. For the year ended December 31, 2020, ARTEX GmbH has reported revenues of €5.3 million.
Delta Plus Group (ENXTPA:DLTA) completed the acquisition of ARTEX GmbH in January 2021. Is New 90 Day High Low • Feb 02
New 90-day high: €80.00 The company is up 31% from its price of €61.00 on 03 November 2020. The French market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Commercial Services industry, which is up 28% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €56.64 per share. Price Target Changed • Jan 27
Price target raised to €81.67 Up from €74.90, the current price target is an average from 2 analysts. The new target price is close to the current share price of €77.80. As of last close, the stock is up 46% over the past year. Aankondiging • Jan 26
Delta Plus Group (ENXTPA:DLTA) acquired Alsolu. Delta Plus Group (ENXTPA:DLTA) acquired Alsolu on January 25, 2021. As of December 31, 2020 Alsolu generated a revenue of €13 million.
Delta Plus Group (ENXTPA:DLTA) completed the acquisition of Alsolu on January 25, 2021. Is New 90 Day High Low • Jan 13
New 90-day high: €73.80 The company is up 27% from its price of €58.00 on 14 October 2020. The French market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Commercial Services industry, which is up 22% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €54.41 per share. Aankondiging • Dec 19
Delta Plus Group (ENXTPA:DLTA) acquired ERB Industries, Inc. Delta Plus Group (ENXTPA:DLTA) acquired ERB Industries, Inc. on December 17, 2020.
Delta Plus Group (ENXTPA:DLTA) completed the acquisition of ERB Industries, Inc. on December 17, 2020. Is New 90 Day High Low • Dec 18
New 90-day high: €70.00 The company is up 25% from its price of €56.00 on 18 September 2020. The French market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Commercial Services industry, which is up 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €46.91 per share. Is New 90 Day High Low • Nov 11
New 90-day high: €63.80 The company is up 21% from its price of €52.60 on 12 August 2020. The French market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Commercial Services industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €37.82 per share. Is New 90 Day High Low • Oct 24
New 90-day high: €61.60 The company is up 31% from its price of €47.00 on 24 July 2020. The French market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Commercial Services industry, which is down 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €51.99 per share. Aankondiging • Oct 16
Delta Plus Group (ENXTPA:DLTA) acquired the remaining 49% stake in Vertic Nederland BV. Delta Plus Group (ENXTPA:DLTA) acquired the remaining 49% stake in Vertic Nederland BV on October 15, 2020. As a result of the transaction, Delta Plus Group now owns 100% stake in Vertic Nederland. For the year ended December 31, 2019, Vertic Nederland reported a turnover of €4.6 million.
Delta Plus Group (ENXTPA:DLTA) completed the acquisition of the remaining 49% stake in Vertic Nederland BV on October 15, 2020.