Following a favourable course of business in the first half of the year, Delticom AG (German Securities Code WKN 514680, ISIN DE0005146807, stock market symbol DEX) increases its guidance for the 2009 EBIT margin to 7%.
During the current recession the consumer climate has been surprisingly robust in many parts of Western Europe so far. In the first half-year of 2009, the European tyre trading was negatively impacted by special effects such as scrappage schemes, but prices remained largely stable. Delticom - Europe's largest online tyre retailer - was able to continue its positive business progress of recent years.
Although
During the current recession the consumer climate has been surprisingly robust in many parts of Western Europe so far. In the first half-year of 2009, the European tyre trading was negatively impacted by special effects such as scrappage schemes, but prices remained largely stable. Delticom - Europe's largest online tyre retailer - was able to continue its positive business progress of recent years.
Although
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