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Delticom AG: Preliminary revenues and earnings for the first six months of 2010

Hanover, 20 July 2010 – Delticom AG (German Securities Code (WKN) 514680, ISIN DE0005146807, ticker symbol DEX), Europe’s leading Internet tyre retailer, recorded revenues totalling EUR 177 million in the first six months of fiscal year 2010 – according to preliminary figures. This corresponds to an increase of 27% compared with the prior-year period (EUR 139.2 million). EBIT improved in the reporting period by 62% to EUR 16.5 million (H1’09: EUR 10.2 million), an EBIT margin of 9.3% (H1’09: 7.3%).

Delticom recorded in the second quarter revenues of about EUR 102 million (Q2’09: EUR 88.1 million, up 16%), following revenues of EUR 74.5 million in the first quarter (Q1’09: EUR 51.0 million, up 45.9%). Due to persistent snowy weather conditions at the beginning of the year and the early start into the summer tyre season in March sales in Q1 were higher than anticipated. Despite the somewhat cooler weather during the second quarter revenues were still in line with expectations.

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Delticom raises target for 2010 EBIT margin from 8% to 9%

Hanover, 28 June 2010 - Delticom AG (German Securities Code 514680, ISIN DE0005146807, stock market symbol DEX), Europe's leading Internet tyre retailer, has increased its revenues and earnings significantly in the first six months of 2010. Although Delticom might have to face headwind from a weakening consumer climate and negative base effects in the upcoming quarters, the Management Board is now confident to achieve a profitability higher than initially expected for the full year. Assuming continued positive business developments, the new 2010 target for the EBIT margin is 9% (previously: 8%). The Management leaves its outlook for 2010 sales growth unchanged; Group revenues are expected to increase by more than 10% year-on-year.

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Delticom AG
Brühlstr. 11
30169 Hannover
Germany
+49-(0)1805-Delticom (+49-(0)1805-335842)
Fax. 089-20 80 80 810
URL: http://www.delti.com
E-Mail: info@delti.com