EANS-Adhoc: Derby Cycle AG raises full-year forecast following 46% revenue growth in Q2 2010/11

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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

13.04.2011

Cloppenburg, April 13, 2011 - On the basis of preliminary figures,
Derby Cycle AG boosted Q2 2010/2011 revenue by 45.6%, raising it from
EUR 52.6 million in the prior-year period to EUR 76.6 million. This
resulted in EUR 114.4 million of revenue in the first six months of
the 2010/11 financial year, reflecting 40.2% growth compared with the
first half of 2009/10 (EUR 81.5 million). On the basis of the
successful second quarter and the orders already on hand from
specialist cycle retailers and wholesalers, the Management Board is
raising its revenue forecast for the financial year that ends on
September 30, 2011 from at least EUR 200 million to at least EUR 220
million (previous year: EUR 173.2 million). In terms of EBIT margin,
Derby Cycle continues to assume a year-on-year improvement to between
7% and 8% (previous year: 7.0%).

This would represent growth of at least 27% by comparison of 2009/10
and 2010/11 revenue, and an acceleration of the average growth
dynamics that the company has reported over recent years.
Contributing factors to this outcome particularly include the
international growth in the popularity of electric bicycles and
sports cycles, a strong consumer climate, and the early onset of
summer temperatures in 2011.

Further information:
ISIN: DE000A1H6HN1
German Security Code Number (WKN): A1H6HN
Exchange: Regulated Market (Prime Standard), Frankfurt

Derby Cycle AG
Siemensstraße 1-3
49661 Cloppenburg, Germany

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

Further inquiry note:

cometis AG
Unter den Eichen 7
65195 Wiesbaden
www.cometis.de

Henryk Deter / Dominic Großmann
Telefon: +49 (0)611-20 58 55-15
E-Mail: grossmann@cometis.de

Branche: Consumer Goods
ISIN: DE000A1H6HN1
WKN: A1H6HN
Börsen: Frankfurt / regulated dealing/prime standard
Berlin / free trade
Hamburg / free trade
Stuttgart / free trade
Düsseldorf / free trade
München / free trade