AI Terminal

MODULE: AI_ANALYST
Interactive Q&A, Risk Assessment, Summarization
MODULE: DATA_EXTRACT
Excel Export, XBRL Parsing, Table Digitization
MODULE: PEER_COMP
Sector Benchmarking, Sentiment Analysis
SYSTEM ACCESS LOCKED
Authenticate / Register Log In

Delticom AG

Earnings Release Nov 3, 2015

95_rns_2015-11-03_186f31cb-1533-45ed-8515-4610708b14e2.html

Earnings Release

Open in Viewer

Opens in native device viewer

News Details

Ad-hoc | 3 November 2015 10:30

Delticom raises revenues target for FY 2015

Delticom AG / Key word(s): Change in Forecast/Forecast

03.11.2015 10:30

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Delticom raises revenues target for FY 2015

Hanover, 03 November 2015 - WKN 514680 (German Securities Code), ISIN
DE0005146807, stock market symbol DEX.

On the basis of preliminary figures, Delticom generated revenues of EUR 354
million in the first nine months of 2015, an increase of more than 12%
compared to the previous year.

Cold temperatures and early snowfalls in some parts of Germany prompted
numerous motorists in the first weeks of October to make an early switch to
winter tyres. Due to this accelerated purchasing effect Delticom raises its
revenues guidance for the fiscal year 2015. On the basis of current
planning, consolidated group revenues will lie in a range of between EUR
530 million and EUR 540 million on a full-year view. The business
development in the remaining weeks of the year is accompanied by a certain
degree of uncertainty given the current weather conditions. Revenues in
November, December 2015 could fall short of the previous year's level.

For earnings before interest, tax, depreciation and amortization (EBITDA)
the management of Delticom leaves the guidance for the current fiscal year
unchanged. Delticom is still aiming to at least match EBITDA of the 2014
financial year in absolute terms (EUR 15.3 million).

Delticom will make its finalized nine-month report available on November
12, 2015, for downloading from the "Investor Relations" area of the
company's website at www.delti.com.

Company profile:

Delticom is Europe's leading online tyre retailer. Founded in 1999, the
Hanover-based company has more than 200 online shops in 41 countries, among
others ReifenDirekt, www.mytyres.co.uk in UK and www.123pneus.fr in France,
as well as the Tirendo shops which enjoy a high level of recognition, not
least due to its brand ambassador, Sebastian Vettel. Delticom offers a wide
range of products for its private and business customers: more than 25,000
models from over 100 tyre brands for cars, motorcycles, commercial vehicles
and buses, but also complete wheels, motor oil, replacement parts and
accessories.
Customers enjoy all the advantages of modern E-Commerce: convenience in
order placing, quick, efficient delivery, clear cost information and, last
but not least, low prices. The products are delivered in two business days
to any address the customer chooses. Alternatively, Delticom delivers the
tyres to one of more than 42,000 service partners (9,000 in Germany alone)
for professional fitting directly on to the customer's vehicle at a
reasonable price.

On the Internet at: www.delti.com

Contact:
Delticom AG Investor Relations
Melanie Gereke
Brühlstraße 11
30169 Hannover
Tel.: +49(0)511-936 34-8903
Fax: +49 (0)89-208081147
e-mail: [email protected]

03.11.2015 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de


Language: English
Company: Delticom AG
Brühlstraße 11
30169 Hannover
Germany
Phone: +49 (0)511 93634 8000
Fax: +49 (0)511 33611 655
E-mail: [email protected]
Internet: www.delti.com
ISIN: DE0005146807
WKN: 514680
Listed: Regulated Market in Frankfurt; Regulated Unofficial Market in
Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart

End of Announcement DGAP News-Service


Talk to a Data Expert

Have a question? We'll get back to you promptly.