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- Revenues up 15.1% year-on-year to EUR 201.6 million
- 19.6% revenue growth in E-Commerce division
- EBIT increased by 64.6% to EUR 14.7 million
Hanover, 9 November 2009 – Delticom AG (German Securities Code (WKN) 514680,
ISIN DE0005146807, stock market symbol DEX), Europe’s leading online tyre dealer,
has released its consolidated interim report for the first nine months of 2009.
Accordingly, Delticom lifted its revenues by 15.1% to EUR 201.6 million (9M 08: EUR
175.2 million). In the third quarter revenues increased from EUR 53.7 million by 16.3%
to EUR 62.4 million.
CEO Rainer Binder is pleased with the course of business: "In the third quarter, Delticom has
once again enjoyed substantial growth. E-Commerce continues to gain in popularity. As
market leader we have succeeded in strengthening our position." According to a recent study
published by the Allensbach Institut für Demoskopie (IfD), 66% of German Internet users
shop online (2008: 63%). Other European countries show similar trends. Delticom benefits
from this: The E-Commerce division posted a topline growth of 19.6% year-on-year, from
EUR 158.7 million to EUR 189.8 million. In contrast, the Wholesale division was hurt by the
recession, with revenues dropping 28.3% year-on-year, down to EUR 11.8 million (9M 08:
EUR 16.5 million).
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Winter always comes just like Christmas – it creeps up on you. Although the time of year and the shorter days make it clear it’s coming, most drivers don’t think about winter tires until the first snowfall or just before a winter vacation. But that can have disastrous consequences for safety and your pocketbook.
What many people do not fully realize – at our latitude and further north, we have about 185 days of winter weather. It therefore does not make sense to wait until the first snow falls.
Winter weather poses a special challenge for all drivers. Good driving skills are not enough to meet these challenges. Technical equipment, especially tires, must be adapted to road conditions. At low temperatures (less than 7 ºC) and other wintry weather conditions, only winter tires provide maximum safety. It has been proven that even the most modern technology cannot replace winter tires. Anti-lock braking systems (ABS) and electronic stability programs (ESP) are of no use on snow and ice if you are using summer tires.
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