EANS-News: Delticom AG / 2010: Record Year for Delticom
Geschrieben am 18-01-2011 |
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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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annual result/Financial Figures/Balance Sheet
Hannover (euro adhoc) - - Revenues EUR 419.4 million for 2010, up
34.8% year-on-year - FY EBIT margin 11.4% - Q410: revenues +48.1%,
EBIT margin 15.3%
Hanover, 18 January 2011 - Delticom AG (German Securities Code (WKN)
514680, ISIN DE0005146807, stock market symbol DEX), Europe's leading
online tyre dealer, has released preliminary figures for the fiscal
year 2010. Delticom lifted its revenues by 34.8% to EUR 419.4 million
(2009: EUR 311.3 million).
More and more consumers are online. Across product groups, Internet
retailers are increasingly benefiting from this trend. Along this
line, Delticom has continued to ramp up its business substantially in
2010. The company was able to attract almost one million new
customers via its more than 100 online shops in 39 countries. At the
end of the reporting period, the total number of customers stood at
4.4 million.
As usual, the winter months contributed strongly to the 2010
performance. Year-on-year, Delticom grew its Q4 revenues by 48.1% to
EUR 162.4 million (Q409: EUR 109.7 million). In the same period the
EBIT margin rose to a record-high of 15.3%, from 13.4% in Q409.
Rainer Binder (CEO): "The closing quarter benefited from new German
regulations calling for mandatory fitting of winter tyres. Sales were
also boosted by substantial snowfalls across Europe. Despite
market-wide shortages we were able to deliver." On the back of the
generally favourable pricing environment over the course of the year,
FY 2010 EBIT margin came in at 11.4% - significantly above last
year´s 9.4%.
Due to the extraordinary winter tyre season and resulting negative
base effects, revenue growth in the current year is expected to slow
down. Assuming demand, supply and prices to normalise over the coming
months, Delticom also expects lower margins for 2011. Frank Schuhardt
(CFO): "Delticom follows a stable growth path, irrespective of
seasonal fluctuations. We are confident that the company will
continue to perform better than the overall market."
Delticom will publish its 2010 financial statements on 23 March 2011
on its Website www.delti.com in the Investor Relations section.
Company Profile: Delticom, Europe's leading online tyre retailer, was
founded in Hanover in 1999. With more than 100 online shops in 39
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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E-Mail: media(at)at-symbol.de
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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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