Delphi Announces Record Results for 2012

Delphi Display Systems experienced positive growth during 2012 with revenues and profitability reaching the highest level in the company’s 17 year history. Revenues grew by more than 15 percent compared with 2011 results, with profitability also up versus the prior year. The company’s record financial results were fueled by the strong adoption of its new Insight product offerings and by sharp gains in market share. Unit sales also increased significantly during the period as demand rose for all products despite stiff economic headwinds and competitive price pressures.

 

“Our record financial performance for 2012 is a testament to the high value of Delphi’s solutions in the market and our commitment to serving the evolving needs of our customers, both in the U.S. and around the world,” says Ken Neeld, president and CEO of Delphi Display Systems. “The success we achieved last year is a direct result of our focus on delivering premier customer service, world-class engineering design, and the highest quality and most innovative products available. This would not have been possible without the hard work and dedication of the passionate employees at Delphi. I am fortunate to be part of this great team and look forward to even stronger performance in 2013 as we launch an entire line of new products and services targeted at existing and new market opportunities.”