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Delticom AG: 9-Month Report 2007
Delticom AG (WKN (German Securities Code
Number) 514680, ISIN DE0005146807, exchange symbol: DEX), Europe's leading
Internet tyre retailer, will publish its interim report on the first nine months of financial
year 2007 on 21 November 2007. According to the report, the company increased its
revenues by approximately 34 % year-on-year in the period under review to € 146.0
million (previous year: € 108.9 million). Earnings before interest and taxes (EBIT) rose
by 69 % to € 6.9 million (previous year: € 4.1 million). At the same time, net income for
the period was up by 92 % to € 4.8 million (previous year: € 2.5 million).
In the key eCommerce segment, revenues increased by 39 % year-on-year from € 95.3
million to € 132.2 million in the period under review. The number of registered eCommerce
customers, i.e. customers who have made at least one purchase from Delticom in the past
(including the current financial year), rose from approximately 1.07 million at the end of Q3
2006 to 1.7 million as at 30 September 2007. Delticom gained around 438,000 new
eCommerce customers in the current financial year. A total of 126,000 customers made
repeat tyre purchases from Delticom in the reporting period.
In addition to the company's continued strong growth in Germany, foreign business is
increasingly driving Delticom's positive business development. The Group has recorded
rising sales figures at its total of 81 online shops throughout the 30 countries in which
Delticom is represented. Revenues totalled € 56.3 million in Germany (+ 18.1 % compared to
the same period in the previous year), € 71.7 million in the rest of the European Union
(+ 52.1 %) and € 18.0 million in other countries (+ 28.0 %).
"We are very satisfied with the group's performance in the first nine months of the current
financial year," said Andreas Prüfer, Co-CEO of Delticom AG. "Our winter tyre business is also gaining momentum with the first snow of the season: Safety-conscious drivers are
switching to winter tyres. We make it is easy to purchase high-quality tyres at low prices
online," he added.
