Tous Actualités
Suivre
Abonner Delticom AG

Delticom AG

Delticom AG publishes 2007 annual report

Hannover (euro adhoc) -

- Growth: Revenues up 24.5% to € 215.5 million
- Return: 5.7% EBIT margin
- Profitability: Proposed dividend up 66.7% to € 2.00 per share
- Outlook for 2008: Revenues € 240 – 260 million; EBIT margin 5 – 6%
  ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for
  the content of this announcement.
balance
Hanover, March 26, 2008 - Delticom AG (German
Securities Code (WKN) 514680, ISIN DE0005146807, stock market symbol 
DEX), Europe´s leading Internet tyre retailer, again recorded 
profitable growth, as reported in its 2007 annual report. In 
addition, the Managing and Supervisory Boards will propose a 
substantially increased dividend. Positive business growth is also 
forecast for 2008.
During the past fiscal year Delticom lifted its consolidated revenues
(IFRS) by 24.5% to EUR 215.1 million from EUR 173.1 million in 2006. 
At the same time revenues in the key eCommerce segment enjoyed 25.8% 
growth to EUR 195.3 million (previous year: EUR 155.2 million). The 
main driver for this was the significant increase in the customer 
base to almost 1.9 million customers (as of December 31, 2007) was. 
Delticom was thus able to acquire more than 620,000 new customers. 
Further proof of the company's successful business model is that more
than 126,000 customers made repeat purchases from Delticom in fiscal 
year 2007.
Revenues in Delticom's home market of Germany increased only slightly
year-on-year. However international revenues grew strongly. The Group
recorded significantly increased sales figures nearly all of its 88 
online shops in 31 countries. Revenues totaled EUR 87.1 million in 
Germany in fiscal year 2007 (with www.reifendirekt.de begin the 
biggest shop), up 3.3% year-on-year. Revenues in other EU countries 
amounted to EUR 101.8 million (up 50.6%) and EUR 26.6 million in the 
rest of the world (up 25.5%).
Consolidated EBIT improved to EUR 12.3 million (2006: EUR 10.2 
million). The EBIT-Margin (EBIT as a percentage of revenues) totaled 
5.7% (previous year: 5.9%). In total, consolidated net income for the
past fiscal year amounted to EUR 8.3 million or EUR 2.12 per share 
(basic). Earnings per share are thus up 7.4% compared to the previous
year's figure of EUR 1.97. The Managing and Supervisory Boards will 
propose a dividend of EUR 2.00 per share to the General Meeting on 
May 6, 2008 - an increase of 66.7% over the previous year (EUR 1.20).
In 2008, Delticom's management plans to further expand its existing 
leadership of the market for online European tyre sales. In 
geographic terms, the company will continue its organic international
expansion, also into non-European countries. In addition, Delticom 
has the financial strength to acquire well established tyre-related 
Internet domains.
Delticom AG's Managing Board forecasts revenues of between EUR 240 
million and EUR 260 million in 2008. In addition, it believes that a 
EBIT margin of between 5.0% and 6.0% is adequate and achievable.. 
While the 2008 fiscal year has started well, given the very strong Q1
07, no significant increase in sales should be anticipated for Q1 08.
Rainer Binder, Delticom AG's CEO commented on the publication of the 
annual report: "European online tyre retailing will become more and 
more attractive. Delticom is well positioned to participate in this 
market´s sustained change. We expect that in 2008 Delticom will again
show a positive, sustainable development."
Company profile:
Delticom was formed in Hanover in 1999 and has grown to become one of
Europe's leading Internet tyre retailers. The company offers its 
private and business customers a wide range of products in its 88 
online shops in 31 countries, including car tyres, motorcycle tyres, 
truck tyres, bus tyres, the respective rims, complete wheels 
(pre-mounted tyres on rims), selected replacement car parts and 
accessories, engine oils and batteries. Delticom´s customers receive 
information on product characteristics and alternatives; they benefit
from a comprehensive range of goods with more than 100 tyre brands 
and more than 25,000 tyre models. The products are supplied, 
depending on the customer's instructions, either directly to the 
customer, to a service partner, i.e., a workshop with which Delticom 
cooperates and which allows tyres to be delivered directly to their 
address to be mounted on the customer's vehicle, or to a different 
delivery address. In addition, Delticom's Wholesale division also 
sells tyres to wholesalers in Germany and abroad.
On the Internet at: www.delti.com
Online tyre store in the UK: www.mytyres.co.uk
end of announcement                               euro adhoc

Contact:

Company

Delticom AG Investor Relations
Melanie Gereke
Brühlstraße 11
30169 Hanover
Tel.: +49(0)511-936 34-8903
Fax: +49(0)89-208081147
e-mail: melanie.gereke@delti.com

IR Agency
cometis AG
Henryk Deter
Unter den Eichen 7
65195 Wiesbaden
Tel.: +49 (0)611-205855-13
Fax: +49 (0)611-205855-66
e-mail: deter@cometis.de

Branche: Electronic Commerce
ISIN: DE0005146807
WKN: 514680
Index: CDAX, Classic All Share, Prime All Share
Börsen: Börse Frankfurt / regulated dealing/prime standard
Börse Berlin / free trade
Börse Stuttgart / free trade
Börse Düsseldorf / free trade
Börse München / free trade

Plus de actualités: Delticom AG
Plus de actualités: Delticom AG
  • 31.01.2008 – 07:02

    Preliminary revenues for 2007 at upper end of forecast

    - Revenues total EUR 214 million - up 24% year-on-year - EBIT between EUR 12.0 and EUR 12.5 million - previous year EUR 10.2 million - More than 600,000 new eCommerce customers - Foreign expansion gaining ground: Formation of Delticom North America Inc. ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for the content of this announcement. balance/companies Hannover (euro adhoc) - 31 ...