Press release BoxID: 461515 (Delticom AG)
  • Delticom AG
  • Brühlstraße 11
  • 30169 Hannover
  • Contact person
  • Melanie Gereke
  • +49 (511) 93634-8903

Delticom AG publishes 9-Monthly Report 2011

(PresseBox) (Hannover, ) Delticom (German Securities Code (WKN) 514680, ISIN DE0005146807, stock market symbol DEX), Europe's leading online tyre dealer, has published its full report for the first nine months of 2011 today. Revenues in 9M11 increased by 15.8% to EUR 297.7 million and EBIT by 23.3% to EUR 28.2 million. EBIT margin rose to 9.5% (9M10: 8.9%). Consolidated net income for the period grew from EUR 15.3 million to EUR 19.0 million.

This corresponds to earnings per share (EPS) of EUR 1.60 (undiluted, 9M10: EUR 1.30), a stepup of 23.9%. 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 nine months of 2011 can be downloaded from the website within the "Investor Relations" area.

Delticom AG

Delticom, Europe's leading online tyre retailer, was founded in Hanover in 1999. With more than 100 online shops in 41 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 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.

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