Corporate News

Delticom Ag

Delticom AG: Annual General Meeting approves dividend


Delticom AG Investor Relations
Melanie Becker
Brühlstraße 11
30169 Hannover
Tel.: +49(0)511-936 34-8903
Fax: +49(0)511-8798-9138


Hanover, 29 April 2014 – SDAX-listed Delticom AG (German Securities Code WKN 514680, ISIN DE0005146807, stock market symbol DEX), Europe’s leading Internet tyre retailer, is distributing a dividend of EUR 0.50 per share for the 2013 financial year (previous year: EUR 1.90).

77.6 % of the share capital was present at the General Meeting of Europe’s leading Internet tyre retailer. Shareholders approved all the items on the agenda with a large majority. Mr Rainer Binder was confirmed in his supervisory board position. For the fiscal year 2013 the shareholders will receive a dividend payment of EUR 0.50 per share. The remainder will be used in the financial year to reduce companies’ financial debt to banks that were raised for the financing of the Tirendo acquisition.

In the first quarter, more than 200,000 new customers – an increase of 15 % compared to Q1 13 – benefited from the comprehensive product and service offering in the Delticom shops, among them and “Thanks to rising temperatures and spring-like weather conditions, the one or the other car driver already switched to summer tyres before Easter holidays”, commented Co-CEO Andreas Prüfer the start of the current season, and adds: “Weatherdependent fluctuations are not unusual in the tyre trade. Only over the coming months will it become clear whether the replacement demand in Europe is showing first signs of a slight recovery. Even if market and weather conditions do not turn out better than in the previous year, we anticipate a revenues increase of 10 % for the current financial year.”

The full report for the first quarter 2014 will be published on 15 May 2014 within the “Investor Relations” section of the website

Company Profile:

Delticom is Europe’s leading online tyre retailer. Founded in 1999, the Hanover-based company has more than 100 online shops in 42 countries, among others ReifenDirekt, in UK and 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, motor oil, replacement parts and accessories. 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 37,000 service partners (8,800 in Germany alone) for professional fitting directly on to the customer’s vehicle at a reasonable price.

On the Internet at:
Selected online shops: