EANS-News: Derby Cycle AG achieves 6.6% revenue growth in Q1 2011/12

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Financial Figures/Balance Sheet

Subtitle: Revenue up 6.6% to EUR 40.3 million / Special effects from
takeover impact EBIT / Pre-order book position signals positive trend
in 2011/12 financial year

Cloppenburg, February 15, 2012 (euro adhoc) - Derby Cycle AG (ISIN
DE000A1H6HN1, WKN A1H6HN), Germany's largest bicycle manufacturer in
terms of revenue, grew its revenue by around 6.6%, from EUR 37.8
million in the prior-year period to EUR 40.3 million in the first
quarter of 2011/12 (as of December 31, 2011), on the basis of
preliminary figures. EBIT was impacted by special one-off effects, by
contrast.

Matthias Seidler, CEO of Derby Cycle AG, regards the results achieved
in the first quarter as a good start to the 2011/12 financial year:
"We further expanded our revenue year-on-year between October and
December, despite the fact that these tend to be weaker months for
bicycle manufacturers. With around 82,000 bicycles sold, we boosted
sales volumes by 1.3% year-on-year, and achieved 6.6% revenue growth.
Prospects also remain very good for the coming months due to the high
pre-order book position at the end of the last financial year, where
we registered a 25% year-on-year increase as of September 30, 2011."
Uwe Bögershausen, the company's CFO, went on to add: "We are very
satisfied with the start to the new financial year. The lower EBIT is
due to special one-off effects that are mainly attributable to our
greater need for advisory services in connection with our own M&A
activities, Accell's takeover attempts, and the takeover by Pon."

Derby Cycle AG will publish its full report for the first two months
of the 2011/12 financial year on February 24, 2012, and will make it
available for downloading from its website at www.derby-cycle.de
within the "Investor Relations" area.

Company profile: Derby Cycle is Germany's largest bicycle
manufacturer in terms of revenues, and one of the leading
manufacturers in Europe. In particular, global demand growth for
high-quality electric and sports bicycles, as well as the company's
advancing internationalisation in all European volume markets, are
reflected in the company's dynamic growth. Derby Cycle's product
range comprises electric bicycles, sports bicycles for leisure and
competition purposes, as well as comfort bikes for everyday and
travel use. These bicycles are sold through the established Kalkhoff,
FOCUS, Raleigh, Univega and Rixe brands. All models are developed and
assembled at the company's base in Cloppenburg, Germany. These
high-quality products are distributed through specialist retailers
who provide their customers with professional advice and extensive
service.

With around 614 employees, Derby Cycle achieved revenue of EUR 235.5
million in the fiscal year 2010/2011, 66.9% of which was generated in
Germany, and 33.1% abroad. Earnings before interest and tax (EBIT)
amounted to approximately EUR 19.6 million. Derby Cycle sold a total
of around 482,000 bicycles, of which 87,000 comprised e-bikes. The
company forecasts revenues of EUR 250 million to 270 million, and an
EBIT margin of 8 to 9% (2010/11: 8.3%) for the 2011/12 fiscal year
that ends on September 30, 2012.

Further information is available at: www.derby-cycle.com

Further inquiry note:
cometis AG
Unter den Eichen 7
65195 Wiesbaden
www.cometis.de

Henryk Deter
Telefon: +49 (0)611-20 58 55-13
E-Mail: deter@cometis.de

end of announcement euro adhoc
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company: Derby Cycle AG
Siemensstr. 1-3
D-49661 Cloppenburg
phone: +49-4471-966-238
FAX: +49-4471-966-44820
mail: u.boegershausen@derby-cycle.de
WWW: http://www.derby-cycle.de
sector: Consumer Goods
ISIN: DE000A1H6HN1
indexes: SDAX
stockmarkets: free trade: Berlin, München, Hamburg, Düsseldorf, Stuttgart,
regulated dealing/prime standard: Frankfurt
language: English