• 13.08.2009, 07:58:55
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  • OTE0011

EANS-News: Delticom: Semi-Annual Report 2009

- Delticom stays on growth track: Revenues EUR 139.2 million (+14.5%) - EBIT EUR 10.2 million (+82.9%), EBIT margin 7.3% - Outlook for FY 2009 confirmed: Revenues +10% year-on-year, EBIT margin 7%

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Hanover (euro adhoc) - Hanover, 13 August 2009 - Delticom AG (German Securities
Code WKN 514680, ISIN DE0005146807, stock market symbol DEX), Europe's leading
Online tyre retailer, has published its full semi-annual report for 2009.

CEO Rainer Binder is very pleased with the course of business: "In the face of
the fragile economic environment, Delticom has delivered solid growth - both in
revenues and earnings." The company recorded revenues of EUR 139.2 million in
the first half of the year, 14.5% more than in the corresponding prior-year
period (H1 08: EUR 121.5 million). E-Commerce revenues totalled EUR 130.8
million (2008: EUR 112.9 million, up 15.8%). Revenues in the Wholesale division
fell slightly year-on-year from EUR 8.6 million to EUR 8.4 million.

EBIT improved in the reporting period by 82.9% to EUR 10.2 million (H1 08: EUR
5.6 million), an EBIT margin of 7.3% (H1 08: 4.6%). Consolidated net income was
EUR 7.0 million or EUR 0.59 per share (basic). Earnings per share thus increased
70.9% against the H1 08 figure of EUR 0.35.

The growth of the E-Commerce division is linked to a significant increase in the
customer base which surged from 2.3 million to more than 3 million in the
trailing twelve months. Since the beginning of 2009 Delticom has acquired more
than 377 thousand new customers. In addition, almost 173 thousand repeat
customers have bought Delticom's products in one of the more than 100 online
shops in 35 countries.

More and more motorists are attracted to the advantages of online buying. As a
result, the importance of E-Commerce as a sales channel for tyres is growing.
Frank Schuhardt, CFO of Delticom, nevertheless remains cautious: "Consumers
across Europe are going to feel the effects of the crisis over the coming
months. This is bound to have an impact on the tyre trade. Consequently, we
should not assume that Delticom will be as profitable in the second half of the
year as it was in the first half." Still, the Management Board continues to plan
for a year-on-year increase in revenues of 10% and an EBIT margin of 7%. Philip
von Grolman, Management Board Member responsible for logistics, adds: "The
expansion of our warehousing capacity in the first half-year gives rise to
further medium- and long-term growth opportunities."

The complete semi-annual report 2009 can be downloaded from the website
www.delti.com within the "Investor Relations" area.

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, special tyres, rims, complete wheels
(pre-mounted tyres on rims), selected replacement car parts and accessories,
motor oil and batteries. The independent website reifentest.com contains
impartial information about tyre tests and helps the customers choose from more
than 100 tyre brands and more than 25,000 tyre models. Delticom delivers either
directly to the customer's home address, or to one of more than 20,000 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

Further inquiry note:
Contact:

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

end of announcement euro adhoc
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emitter: Delticom AG
Brühlstraße 11
D-30169 Hannover
phone: +49 (0)511 93634 852
FAX: +49 (0)511 336116 55
mail: [email protected]
WWW: http://www.delti.com
sector: Electronic Commerce
ISIN: DE0005146807
indexes: SDAX, CDAX, Classic All Share, Prime All Share
stockmarkets: regulated dealing/prime standard: Frankfurt, free trade: Berlin,
Stuttgart, Düsseldorf, München
language: English

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