Delticom AG

EANS-Adhoc: Delticom AG: Q1 profitable but below plan

  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.
3-month report


Hanover, 17 April 2012 - Delticom (German Securities Code WKN 514680, ISIN
DE0005146807, stock market symbol DEX), Europe's leading online tyre dealer,
released preliminary figures for the first quarter 2012 today. While revenues
came in flat year-on-year (Q1 12: EUR 85.5 million, Q1 11: EUR 85.4 million),
EBIT fell to EUR 3.4 million (Q1 11: EUR 5.9 million).

Due to unfavourable weather conditions in the first quarter, Delticom´s business
developed below plan. At the beginning of the year market-wide demand for winter
tyres was depressed by a lack of snowfall. Additionally, temperatures ahead of
the Easter holiday were too low for a good start into the summer season.

With 25.8% the Q1 gross margin was kept at prior-year levels (Q1 11: 25.9%).
EBIT came in EUR 2.5 million lower, though, partly because of the weaker demand
but also due to higher expenses for the new warehouse opened in May 2011.

In the tyre business seasonal effects are not uncommon. Management expects
demand to normalise in the upcoming weeks. As the bulk of the summer tyres are
sold in the second quarter, guidance for the full year remains unchanged at 10%
growth in revenues and earnings.

end of ad-hoc-announcement
Delticom will publish further Q1 preliminary figures on Thursday, April 19th on
its website

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

end of announcement                               euro adhoc 

issuer:      Delticom AG
             Brühlstraße 11
             D-30169 Hannover
phone:       +49 (0)511 93634 8903
FAX:         +49 (0)511 336116 55
sector:      Electronic Commerce
ISIN:        DE0005146807
indexes:     SDAX, CDAX, Classic All Share, Prime All Share
stockmarkets: free trade: Berlin, München, Düsseldorf, Stuttgart, regulated
             dealing/prime standard: Frankfurt 
language:   English

Weitere Meldungen: Delticom AG

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