EANS-News: Derby Cycle AG achieves strong revenue growth in 2010/11 financial year

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Financial Figures/Balance Sheet

Subtitle: 26% Q4 2010/11 revenue growth to EUR 36.6 million / 2010/11
revenue +36% to EUR 235.5 million

Cloppenburg (euro adhoc) - December 21, 2011 - Derby Cycle AG (ISIN
DE000A1H6HN1, WKN A1H6HN), Germany's largest bicycle manufacturer in
terms of revenue, grew its revenue by around 25,8% to EUR 36.6
million in the fourth quarter of 2010/11 on the basis of preliminary
figures, compared with EUR 29.1 million in the comparable period of
the previous year. This results in 36% revenue growth for the full
2010/11 financial year to EUR 235.5 million, in comparison with EUR
173.2 million in the previous year.

Mathias Seidler, CEO of Derby Cycle AG, expresses his content with
the good results: "We have achieved a further record year in our
company's history through successfully and stringently implementing
our three-pillar strategy of internationalisation, focus on
specialist retailers and our concentration on the electro-bike
megatrend. We reached important milestones in the 2010/11 financial
year. Utilising some of the proceeds from our successful IPO in
February 2011, we took over direct sales in Great Britain and
Australia ourselves. As the result of our joint venture with the
electro-motor specialist Daum Forschung und Entwicklung, we also
regard ourselves as very well positioned to further expand our market
and technology leadership in the future. The electro-bike is spurring
the entire bicycle sector - and we are right at the front in this
respect."

Uwe Bögershausen, the company's CFO, went on to add: "Furthermore, as
the result of our merger with Pon Holdings, we have found a strong
partner to actively support our future corporate development. All in
all, we are very pleased with the outstanding results, and we are
confident that we will continue our success story over the coming
years. This is also reflected in the positive feedback that we have
received at the bike trade fairs in autumn 2011. Here the trends for
the 2012 biking season were established, and a substantial order
volume has already been issued. Our preorder volume at these events
increased significantly on a year-on-year basis."

Derby Cycle will publish its full report for 2010/11 financial year
on January 26, 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 an average of 614 employees, on the basis of preliminary figures
Derby Cycle achieved revenue of around EUR 236 million in the
2010/2011 financial year. 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: regulated dealing/prime standard: Frankfurt, free trade: Berlin,
Hamburg, Stuttgart, Düsseldorf, München
language: English