EANS-Adhoc: Delticom AG: Trading Update for FY 2010

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ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro
adhoc with the aim of a Europe-wide distribution. The issuer is solely
responsible for the content of this announcement.
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Company Information

07.12.2010

Hanover, 7 December 2010 - Delticom AG (German Securities Code
514680, ISIN DE0005146807, stock market symbol DEX), Europe's leading
Internet tyre retailer, once again raises its guidance for 2010.

During the last days, the extreme winterly weather across Europe has
caught many car drivers by surprise. Heavy snowfalls have caused
serious traffic delays, especially in countries where the winter is
usually quite mild. The surge in demand has been amplified by new
regulations in Germany, making winter tyres mandatory for the current
road surface conditions. Consequently, tyre sales in Germany and
elsewhere have jumped to unanticipated new highs. At the same time
tyre supply falls substantially short of demand, because tyre
manufactures had ramped up their production only relatively late in
the aftermath of the recession. As a result, winter tyre prices have
increased starkly across Europe, driven by market-wide scarcity.

Delticom Management's guidance for FY 2010 from November 26th has
been overtaken by the recent developments. On the back of strong Q4
sales, the company should be able to grow 2010 revenues by more than
+30% year-on-year (previous guidance: more than +20%). Due to the
very beneficial pricing environment throughout the year and
especially in Q4, profitability will be unusually elevated and thus
significantly better than last year. Management sees a 2010 EBIT
margin on the order of 11% as realistically achievable (previous
guidance: around 10%, last year: 9.4%). Depending on how the next
weeks will evolve with regards to demand, stock levels and prices,
margins could come in even higher than currently estimated.

Delticom will not be able to sustain this level of growth in 2011.
After three exceptionally successful years in a row and with 2010
helped by the aforementioned extraordinary circumstances, negative
base effects are inevitable. Assuming a return to normal business
next year, Delticom should continue to grow its revenues, albeit at a
considerably lower rate. Furthermore, in a more balanced market,
demand and supply should adjust and lead to less flurried prices. In
comparison with this year's one-off step-up in profitability,
Delticom's 2011 margins will thus most likely come back to well below
2010 levels.

Despite any burdening effects in 2011, though, Delticom remains well
positioned to capitalise on the longer-term trend towards online tyre
retail.

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