Corporate News
Delticom Ag
Delticom AG publishes 3-monthly report 2011
Contact:
Delticom AG Investor Relations
Melanie Becker
Brühlstraße 11
30169 Hannover
Tel.: +49(0)511-936 34-8903
Fax: +49(0)511-8798-9138
e-mail: ir@pubcontent2.delti.com
Hanover, 10 May 2011 – Delticom (German Securities Code (WKN) 514680, ISIN DE0005146807, stock market symbol DEX), Europe’s leading online tyre dealer, looks back on another successful quarter. According to today published figures, revenues in the first quarter of 2011 increased by 14.6% to EUR 85.4 million and EBIT by 4.6% to EUR 6.1 million. EBIT margin decreased to 7.2% (Q110: 7.9%). Consolidated net income for the period grew from EUR 4.0 million to EUR 4.2 million. This corresponds to earnings per share (EPS) of EUR 0.35 (undiluted, Q110: EUR 0.34), a step-up of 4.8%. For 2011, Delticom AG’s management continues to anticipate an increase in revenues of approximately 10%, with an EBIT margin around one percent lower than in 2010.
The complete report for the first quarter of 2011 can be downloaded from the website www.delti.com within the “Investor Relations” area.
Company profile:
Delticom, Europe’s leading online tyre retailer, was founded in Hanover in 1999. With more than 100 online shops in 39 countries, the company offers its private and business customers an unequalled assortment of excellently priced car tyres, motorcycle tyres, bicycle tyres, truck tyres, bus tyres, special tyres, rims, complete wheels (pre-mounted tyres on rims), selected replacement car parts and accessories, motor oil and batteries. The independent website reifentest.com contains impartial information about tyre tests and helps the customers choose from more than 100 tyre brands and more than 25,000 tyre models. Delticom delivers either directly to the customer’s home address, or to one of more than 28,000 service partners – affiliated garages which take delivery of tyres and then install these on the customer’s vehicle. Delticom’s Wholesale division also sells tyres to wholesalers domestically and abroad.
On the Internet at: www.delti.com
Selected online shops: www.reifendirekt.de, www.123pneus.fr, www.mytyres.co.uk, www.reifendirekt.ch
