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- Revenues: EUR 310 million, +20% year-on-year
- EBIT: EUR 28 million (2008: EUR 16.4 million, +70%)
- EBIT margin exceeds 9%
- 2010 guidance: up to 10% revenue growth, 8% EBIT margin
Hanover, 18 January 2009 - Delticom AG (German Securities Code (WKN) 514680, ISIN DE0005146807, stock market symbol DEX), Europe's leading online tyre dealer, has released preliminary figures for the fiscal year 2009.
Since mid of 2009, the consumer climate has been deteriorating, dragged down late-cyclically by the recession. This placed European retail business under mounting pressure over the course of the last year. Against this backdrop, E-Commerce fared relatively well. Delticom's new customer growth reflects this resilience: Last year, 800.000 customers purchased tyres for the first time in one of the company's many online shops. Group revenues in 2009 totalled EUR 310 million, after prior-year revenues of EUR 259 million. Compared to the original guidance of +10%, the realized growth of +20% came in twice as strong as expected.
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Delticom AG, Hanover – 07/01/2010: Frozen lakes, cotton candy on trees: Winter has transformed Germany and broad stretches of Europe into a picture book landscape. Temperatures fell below -5 degrees in many places and are predicted to go even lower in the coming days and nights. But the cold snap comes at a price, especially for motorists.
Europe, a winter (tire) tale...?!
Kilometer-long jams and many accidents have resulted from the current cold weather. Motorists who still have summer tires on their vehicles are a danger to themselves and others. They are frequently the cause of jams and the ensuing chaos on the roads, especially on hills and curves. Experts never cease trying to warn drivers of the need to switch over to winter tires with more traction. The special winter tires are noticeably safer.
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