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Delticom Ag

Seventeenth Annual General Meeting of Delticom AG


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


Hanover, June 21, 2023 – Delticom AG (German Securities Code (WKN) 514680, ISIN DE 0005146807, stock market symbol DEX), Europe’s leading online retailer for tyres and complete wheels, held its seventeenth Annual General Meeting today in Hanover.

After the last three Annual General Meetings, which were held virtually due to corona, the shareholders were very pleased the event was held in person again this year.

The presence at the Annual General Meeting of Delticom AG, which operates the leading online tyre shops for private and commercial end customers in Europe with its brands ReifenDirekt, MotorradreifenDirekt and Autoreifenonline, amounted to 52.79 % of the share capital. All items on the agenda were approved by the shareholders with a large majority.

During the Annual General Meeting, Delticom Managing Board member Andreas Prüfer dis-cussed current trends and their impact on the future of the replacement tyre market in Europe and the resulting opportunities for Delticom’s market positioning. He also provided information on the internal reorganization and associated cost-cutting measures. In his report on the 2022 annual financial statements, he referred to the successful sale of the US subsidiary in January last year and the challenges posed by the economic situation, which the company has success-fully mastered thanks to its high flexibility. “It is anything but a matter of course to be able to rely on a team that works with such tirelessness and personal dedication. Without these employees, we would not be able to look back on such a stable business year in difficult times like these,” said Philip von Grolman and Andreas Prüfer, thanking the employees of Delticom AG and the operation centres working for Delticom.

Full-year forecast confirmed
Delticom AG will continue to benefit from the increasing importance of the Internet as a sales channel. At this point in time, the management continues to expect revenues in a range between € 500 million and € 534 million for 2023 and – depending on revenues – an operating EBITDA in a range between € 14 million and € 18.9 million.

The Semi-Annual Report will be available for download on August 10, 2023 on the website within the “Investor Relations” section.

About Delticom:

With its brand Reifendirekt, Delticom AG is the leading company in Europe for the online distribution of tyres and complete wheels.

The product portfolio for private and business customers comprises an unparalleled range of more than 600 brands and over 40,000 tyre models for cars and motorcycles. Complete wheels and rims complete the product range. The company operates 351 online shops and online distribution platforms in 72 countries, serving more than 18 million customers.

As part of the service, the ordered products can be sent to one of Delticom’s around 30,000 partner garages in Europe for mounting at the customer’s request.

Based in Hanover, Germany, the company operates primarily in Europe and has extensive expertise in the development and operation of online shops, internet customer acquisition, internet marketing and the establishment of partner networks.

Since its foundation in 1999, Delticom has built up comprehensive expertise in designing efficient and fully integrated ordering and logistics processes. The company’s own warehouses are among its most important assets.

In fiscal year 2022, Delticom AG generated revenues of around 509 million euros. At the end of the last quarter, the company employed 171 people.

The shares of Delticom AG have been listed in the Prime Standard of the German Stock Exchange since October 2006 (ISIN DE0005146807).

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