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EANS-News: Delticom AG: 9-Monthly Report 2010

Geschrieben am 09-11-2010


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Corporate news transmitted by euro adhoc. The issuer/originator is solely
responsible for the content of this announcement.
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9-month report

Hanover (euro adhoc) - - Delticom stays on track: 9M10 revenues
+27.5% year-on-year - EBIT increased by 54.5% to EUR 22.7 million -
FY 2010 outlook: revenues more than +15% year-on-year, EBIT margin 9%

Hanover, 9 November 2010 - Delticom AG (German Securities Code WKN
514680, ISIN DE0005146807, stock market symbol DEX), Europe's leading
Internet tyre retailer, has published its full report for the first
nine months of 2010. Compared with the prior-year period, Delticom
lifted its revenues by 27.5% to EUR 257.0 million (9M09: EUR 201.6
million). In the third quarter the company recorded revenues of EUR
79.7 million (+27.6%, Q309: EUR 62.4 million).

The company´s profitability also improved significantly: Q310 EBIT
rose to EUR 6.0 million (Q309: EUR 4.5 million). 9M10 EBIT went up by
54.5% to EUR 22.7 million (9M09: EUR 14.7 million), an EBIT margin of
8.8% (9M09: 7.3%). Consolidated net income was EUR 15.2 million or
EUR 1.29 per share (basic). Earnings per share thus increased 51.9%
against the 9M09 figure of EUR 0.85.

Rainer Binder, Delticom AG´s CEO: "The first nine months of the year
have been very successful for our company. We were able to expand our
business once again on the back of steady developments in the
European tyre industry and great improvements to the online sales
channel."

Delticom acquired 625 thousand new customers year-to-date and served
around 294 thousand recurring tyre buyers. On 30.09.2010 the customer
base exceeded 4.0 million customers. 9M10 revenues in the E-Commerce
division increased by 29.1% year-on-year, from EUR 189.8 million to
EUR 244.9 million. The Wholesale division has stabilized in 2010
after experiencing a decline in the wake of the recession. In the
reporting period, divisional revenues grew by 2.2% to EUR 12.1
million (9M09: EUR 11.8 million).

Frank Schuhardt (CFO) is satisfied with the current winter tyre
business: "So far, it has scarcely snowed and only in few areas in
higher altitudes. Still, the debate on whether to make winter tyres
mandatory has bolstered German demand in recent weeks."

Management confirms the current planning for FY 2010. Delticom should
be able to grow its revenues by more than 15% year-on-year at an EBIT
margin of 9%, even if demand for winter tyres receives no further
tailwind from snowy weather or new statutory regulations.

The full 9-Monthly Report of current fiscal year 2010 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 112 online shops in 35 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 25,000 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


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

Further inquiry note:

Delticom AG Investor Relations

Melanie Gereke

Brühlstraße 11

30169 Hannover

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

Fax: +49 (0)89-208081147

e-mail: melanie.gereke@delti.com

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


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