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Delticom AG publishes 2007 annual report

Geschrieben am 26-03-2008

- Growth: Revenues up 24.5% to € 215.5 million

- Return: 5.7% EBIT margin

- Profitability: Proposed dividend up 66.7% to € 2.00 per share

- Outlook for 2008: Revenues € 240 – 260 million; EBIT margin 5 – 6%


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Hannover (euro adhoc) - Hanover, March 26, 2008 - Delticom AG (German
Securities Code (WKN) 514680, ISIN DE0005146807, stock market symbol
DEX), Europe´s leading Internet tyre retailer, again recorded
profitable growth, as reported in its 2007 annual report. In
addition, the Managing and Supervisory Boards will propose a
substantially increased dividend. Positive business growth is also
forecast for 2008.

During the past fiscal year Delticom lifted its consolidated revenues
(IFRS) by 24.5% to EUR 215.1 million from EUR 173.1 million in 2006.
At the same time revenues in the key eCommerce segment enjoyed 25.8%
growth to EUR 195.3 million (previous year: EUR 155.2 million). The
main driver for this was the significant increase in the customer
base to almost 1.9 million customers (as of December 31, 2007) was.
Delticom was thus able to acquire more than 620,000 new customers.
Further proof of the company's successful business model is that more
than 126,000 customers made repeat purchases from Delticom in fiscal
year 2007.

Revenues in Delticom's home market of Germany increased only slightly
year-on-year. However international revenues grew strongly. The Group
recorded significantly increased sales figures nearly all of its 88
online shops in 31 countries. Revenues totaled EUR 87.1 million in
Germany in fiscal year 2007 (with www.reifendirekt.de begin the
biggest shop), up 3.3% year-on-year. Revenues in other EU countries
amounted to EUR 101.8 million (up 50.6%) and EUR 26.6 million in the
rest of the world (up 25.5%).

Consolidated EBIT improved to EUR 12.3 million (2006: EUR 10.2
million). The EBIT-Margin (EBIT as a percentage of revenues) totaled
5.7% (previous year: 5.9%). In total, consolidated net income for the
past fiscal year amounted to EUR 8.3 million or EUR 2.12 per share
(basic). Earnings per share are thus up 7.4% compared to the previous
year's figure of EUR 1.97. The Managing and Supervisory Boards will
propose a dividend of EUR 2.00 per share to the General Meeting on
May 6, 2008 - an increase of 66.7% over the previous year (EUR 1.20).

In 2008, Delticom's management plans to further expand its existing
leadership of the market for online European tyre sales. In
geographic terms, the company will continue its organic international
expansion, also into non-European countries. In addition, Delticom
has the financial strength to acquire well established tyre-related
Internet domains.

Delticom AG's Managing Board forecasts revenues of between EUR 240
million and EUR 260 million in 2008. In addition, it believes that a
EBIT margin of between 5.0% and 6.0% is adequate and achievable..
While the 2008 fiscal year has started well, given the very strong Q1
07, no significant increase in sales should be anticipated for Q1 08.

Rainer Binder, Delticom AG's CEO commented on the publication of the
annual report: "European online tyre retailing will become more and
more attractive. Delticom is well positioned to participate in this
market´s sustained change. We expect that in 2008 Delticom will again
show a positive, sustainable development."

Company profile:

Delticom was formed in Hanover in 1999 and has grown to become one of
Europe's leading Internet tyre retailers. The company offers its
private and business customers a wide range of products in its 88
online shops in 31 countries, including car tyres, motorcycle tyres,
truck tyres, bus tyres, the respective rims, complete wheels
(pre-mounted tyres on rims), selected replacement car parts and
accessories, engine oils and batteries. Delticom´s customers receive
information on product characteristics and alternatives; they benefit
from a comprehensive range of goods with more than 100 tyre brands
and more than 25,000 tyre models. The products are supplied,
depending on the customer's instructions, either directly to the
customer, to a service partner, i.e., a workshop with which Delticom
cooperates and which allows tyres to be delivered directly to their
address to be mounted on the customer's vehicle, or to a different
delivery address. In addition, Delticom's Wholesale division also
sells tyres to wholesalers in Germany and abroad.

On the Internet at: www.delti.com
Online tyre store in the UK: www.mytyres.co.uk


end of announcement euro adhoc
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ots Originaltext: Delticom AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Contact:



Company



Delticom AG Investor Relations

Melanie Gereke

Brühlstraße 11

30169 Hanover

Tel.: +49(0)511-936 34-8903

Fax: +49(0)89-208081147

e-mail: melanie.gereke@delti.com





IR Agency

cometis AG

Henryk Deter

Unter den Eichen 7

65195 Wiesbaden

Tel.: +49 (0)611-205855-13

Fax: +49 (0)611-205855-66

e-mail: deter@cometis.de

Branche: Electronic Commerce
ISIN: DE0005146807
WKN: 514680
Index: CDAX, Classic All Share, Prime All Share
Börsen: Börse Frankfurt / regulated dealing/prime standard
Börse Berlin / free trade
Börse Stuttgart / free trade
Börse Düsseldorf / free trade
Börse München / free trade


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