Delticom AG: 0.25 Euro dividend per share for 2014
Delticom AG Investor Relations
Tel.: +49(0)511-936 34-8903
Hanover, 13 March 2015 – According to audited financial statements (IFRS) for fiscal year 2014, Delticom AG (German Securities Code (WKN) 514680, ISIN DE0005146807, stock exchange symbol DEX), Europe’s leading online tyre dealer, recorded revenues of EUR 501.7 million (2013: EUR 505.5 million, -0.8%). EBITDA decreased in the reporting period by 31.1% to EUR 15.3 million (2013: EUR 22.2 million). Due to the mild weather in Q4 all over Europe, revenues and EBITDA came in at the lower end of the range forecasted in November for fiscal year 2014 (revenues: Euro 500-520 million, EBITDA: EUR 15-20 million). Consolidated net income was EUR 2.9 million or EUR 0.24 per share (basic; 2013: EUR 0.97).
Delticom’s Managing Board today resolved to propose to the General Meeting a dividend per share of EUR 0.25 for fiscal year 2014, subject to approval by the Supervisory Board (2013: EUR 0.50). The General Meeting will be held in Hanover on 05 May 2015.
Delticom will publish its 2014 financial statements on 19 March 2015 on its Website www.delti.com in the Investor Relations section.
Delticom is Europe’s leading online tyre retailer. Founded in 1999, the Hanover-based company has more than 140 online shops in 42 countries, among others ReifenDirekt, www.mytyres.co.uk in UK and www.123pneus.fr in France, as well as the Tirendo shops which enjoy a high level of recognition, not least due to its brand ambassador, Sebastian Vettel. Delticom offers a wide range of products for its private and business customers: more than 25,000 models from over 100 tyre brands for cars, motorcycles, commercial vehicles and buses, but also complete wheels. More than 200,000 car parts, including motor oil, replacement parts and accessories, complement the product portfolio. Customers enjoy all the advantages of modern E-Commerce: convenience in order placing, quick, efficient delivery, clear cost information and, last but not least, low prices. The products are delivered in two business days to any address the customer chooses. Alternatively, Delticom delivers the tyres to one of more than 40,000 service partners (9,000 in Germany alone) for professional fitting directly on to the customer’s vehicle at a reasonable price.
On the Internet at: www.delti.com