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Delticom AG

EANS-Adhoc: Delticom raises 2009 earnings forecast

  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.
01.07.2009
Hanover, July 1, 2009 - Following a favourable course of business in 
the first half of the year, Delticom AG (German Securities Code WKN 
514680, ISIN DE0005146807, stock market symbol DEX) increases its 
guidance for the 2009 EBIT margin to 7%.
During the current recession the consumer climate has been 
surprisingly robust in many parts of Western Europe so far. In the 
first half-year of 2009, the European tyre trading was negatively 
impacted by special effects such as scrappage schemes, but prices 
remained largely stable. Delticom - Europe's largest online tyre 
retailer - was able to continue its positive business progress of 
recent years.
Although consumer confidence still seems to buck the economic 
downturn, economists and sector experts expect that the recession 
will affect tyre buyers soon. For this reason, Delticom's management 
continues to guide cautiously optimistic for a 10% year-on-year 
increase in revenues for 2009. In preparation for the anticipated 
decline of consumer demand, Delticom has optimised distribution 
channels, product offerings and margins and has implemented further 
measures of cost control over the course of the last months. For the 
remainder of the year, company management will continue to actively 
counter macroeconomic risks. Due to the good earnings situation in 
the first half of the year, Delticom´s management is raising its 
earnings expectations and now forecasts an EBIT margin of 7% 
(previously 6%).
Delticom AG will publish preliminary revenue figures on July 30, 
2009, and complete first-half 2009 results on August 13, 2009.
end of ad-hoc-announcement ==========================================
====================================== Company profile: Delticom, 
Europe's leading online tyre retailer, was founded in Hanover in 
1999. With 102 online shops in 35 countries, the company offers its 
private and business customers an unequalled assortment of 
excellently priced car tyres, motorcycle tyres, truck tyres, bus 
tyres, rims, complete wheels (pre-mounted tyres on rims), selected 
replacement car parts and accessories, motor oil and batteries. 
Delticom carries more than 100 tyre brands and more than 25,000 tyre 
models. Customers receive extensive information on product features, 
pricing and alternatives. Delticom delivers either directly to the 
customer's home address, or to one of the more than 24,000 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

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: 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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  • 14.05.2009 – 08:01

    EANS-News: Delticom: 3-Monthly Report 2009

    - Successful start to the current business year - First-quarter revenues up 19.8% to EUR 51 million - EBIT EUR 2.6 million (Q1 08: EUR 0.5 million), EBIT margin 5.2% - E-commerce drives growth Corporate news transmitted by euro adhoc. The issuer/originator is solely responsible for the content of this announcement. finances Hanover (euro adhoc) - 14 May 2009 - Delticom AG (German Securities Code WKN 514680, ISIN ...