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- Revenues up + 19 % to 121.5 million
- + 20 % revenue growth in eCommerce segment
- EBIT increased to 5.6 million (H1'07: 5.4 million)
- eCommerce customer base up to 2.3 million customers, more than 342,000 new customers
Hanover, August 13, 2008 Delticom AG (German Securities Code (WKN) 514680, ISIN DE0005146807, stock market symbol DEX), Europes leading Internet tyre retailer, today published its full consolidated interim report for the first half of 2008. Delticom lifted its revenues in H1'08 compared to the first six months of 2007 by around 19.2 % to 121.5 million (H1'07: 102.0 million). Earnings before interest and taxes (EBIT) increased from 5.4 million in H1'07 to 5.6 million. At the same time consolidated net income in the first half of the year increased to 4.1 million compared to the previous year's figure of 3.7 million.
Revenues in the key eCommerce segment increased in H1'08 compared to H1'07 by + 20.0 % from 94.1 million to 112.9 million. During the first half of the current fiscal year, Delticom acquired 342 thousand new customers, and more than 133 thousand bought tyres again from the group. The customer base on June 30, 2008 thus totaled 2.3 million customers in the eCommerce segment.
Delticom grew slightly faster than the market in Germany, countering the slump on the market, and it recorded a strong increase in its foreign business. Sales increased in almost all of Delticom's 93 online shops in 35 countries. In total, the eCommerce division registered sales in Germany of 43.0 million (+ 4.3 % compared to H1'07), 61.5 million in the European Union (+ 27.6 %) and 17.0 million in other countries (+ 35.9 %).
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