EANS-News: Derby Cycle AG generates 38% revenue growth in first nine months of 2010/11

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9-month report

Subtitle: Revenue up 38% to EUR 198.8 million / Successful operating
growth underpins company's plans

Cloppenburg (euro adhoc) - August 4, 2011 - Derby Cycle AG (ISIN
DE000A1H6HN1, WKN A1H6HN), the largest manufacturer of bicycles in
Germany, on the basis of preliminary figures grew its revenue by
around 35% in the third quarter of 2010/11, reporting an increase
from EUR 62.5 million in the prior-year period to EUR 84.4 million.
This results in revenue of EUR 198.8 million for the first nine
months of the 2010/11 financial year, representing growth of around
38% compared with the first nine months of 2009/10 (EUR 144.1
million).

Mathias Seidler, CEO of Derby Cycle AG, regards the company as well
on course as a consequence: "We realised significant revenue growth
in the first nine months of the current financial year thanks to our
popular product range that includes high-quality electric bikes and
sports bikes, which are also encountering increasingly strong demand
abroad. This provides us with confirmation concerning our own
estimates for the full year." Uwe Bögershausen, CFO of Derby Cycle
AG, went on to add: "We are reaping the benefits from the consistent
implementation of the corporate strategy that was presented at the
time of the IPO, which is aimed particularly at strengthening
development activity for electric bikes, and the internationalisation
of the business."

Derby Cycle AG will publish its complete report for the first nine
months of the 2010/11 financial year on August 29, 2011, 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 550 employees, Derby Cycle achieved revenue of EUR 173
million in the 2009/2010 and financial year, 72.6 percent of which
was generated in Germany, and 27.4 percent abroad. Earnings before
interest and tax (EBIT) amounted to approximately EUR 12 million.
Derby Cycle sold a total of around 430,000 bicycles, of which 44,000
comprised e-bikes. As a consequence, Derby Cycle has asserted a
position of clear market leadership in 2010 with a 20 percent market
share. The company forecasts revenues of EUR 220 million to 240
million, and an EBIT margin of 8 to 9 percent (2009/10: 7.0 percent)
for the 2010/11 financial year that ends on September 30, 2011.

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

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

Dominic Großmann / Tobias Eberle
Telephone: +49 (0)611-20 58 55-15
E-mail: grossmann@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:
stockmarkets: regulated dealing/prime standard: Frankfurt, free trade: Berlin,
Hamburg, Stuttgart, Düsseldorf, München
language: English