EANS-News: Delticom AG / Delticom AG publishes 2008 annual report

- Revenues EUR 259.0 million (+20%)

- EBIT EUR 16.4 million (+34%), EBIT margin 6.4%

- Earnings EUR 11.7 million, EUR 2.97 per share (+41%)

- Proposed dividend: EUR 3.00 per share (+50%)

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finances

Hannover (euro adhoc) - Hanover, 30 March 2009 - Delticom AG (WKN
514680, ISIN DE0005146807, stock market symbol DEX), Europe's leading
online tyre dealer, has closed the fiscal year 2008 with a record
result. The company thus continues along the profitable growth path
of recent years.

Although 2008 marked the second consecutive disappointing year for
the tyre industry and tyre retailers, Delticom's online business
model has proven yet again that it is capable of strong growth, this
time in a less than favourable economic environment. The company
recorded significantly increased sales in nearly all of its more than
100 online shops in 35 countries. This is reflected in year-on-year
rise in revenues in each quarter. In the fourth quarter alone,
revenues of EUR 84.0 million were achieved (2007: EUR 69.5 million).
In the year as a whole, Delticom increased revenues year-on-year by
20.2% to EUR 259.0 million (2007: EUR 215.5 million). With these
results, Delticom hit the upper end of the revenue targets released
by the company at the beginning of the last year.

Delticom's significant revenue growth was accompanied by further
improvement in its earnings: EBIT increased in the reporting period
by 34.0% to EUR 16.4 million (2007: EUR 12.3 million). In relation to
revenues, this corresponds to an EBIT margin of 6.4% which clearly
exceeds the guidance of 5-6% (2007: 5.7%). Consolidated net income
for 2008 was EUR 11.7 million or EUR 2.97 per share, up 40.5% from
previous year's EUR 2.12.

Operating cash flow also increased significantly, from EUR 6.6
million to EUR 16.7 million. At the end of the 2008 fiscal year, net
cash totalled EUR 42.9 million, corresponding to a year-on-year
growth of 24.3% (31 December 2007: EUR 34.5 million). Frank
Schuhardt, CFO of Delticom AG: "We are debt free and have a strong
balance sheet. As a result of this, we are in a position to allow our
shareholders to partake of our firm's success, as has been the case
in past years." Subject to the approval of the Annual General Meeting
on 19 May 2009, Delticom AG will pay out a dividend of EUR 3.00, 50%
more than in the previous year.

Economists continue to be uncertain about the sort of headwind
companies will be facing in the next months. On the other hand,
thanks to its solid earnings and financial situation, Delticom is
well positioned to maintain its success even in the face of the
current fragile economic conditions. The first three months of 2009
have started on a positive note, despite unfavourable weather
conditions for tyre dealers across the main European markets.
Delticom's management is therefore cautiously optimistic at this
early point of the year and is aiming for a year-over-year increase
in revenues of 10% for 2009. In the current recessionary environment,
some additional sales might be achievable at slightly reduced
margins. As a result, the management does not see EBIT margins of
over 6% as the rule, but considers them a pleasant surprise.

"Particularly in difficult economic times, consumers turn to
companies who offer a good selection at reasonable prices. Delticom
does both - and not only in Germany, but all over Europe", says
Rainer Binder, CEO of Delticom AG, and adds: "We will continue to
expand our position as the leading online tyre retailer."

Company Profile: Delticom, Europe's leading online tyre retailer, was
founded in Hanover in 1999. With 100 online shops in 35 countries,
the company offers its private and business customers an unequalled
assortment of excellently priced car tyres, motorcycle tyres, truck
tyres, bus tyres, rims, complete wheels (pre-mounted tyres on rims),
selected replacement car parts and accessories, motor oil and
batteries. Delticom carries more than 100 tyre brands and more than
25,000 tyre models. Customers receive extensive information on
product features, pricing and alternatives. Delticom delivers either
directly to the customer's home address, or to one of the more than
24,000 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: 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