Delticom lifts 2006 revenues to EUR 172 million
Hanover, January 31, 2007 – Delticom AG (German Securities Code (WKN) 514680,
ISIN DE0005146807, stock exchange symbol DEX), Europe’s leading online tyre
retailer, recorded revenues totaling EUR 172 million in fiscal year 2006 – according to
preliminary figures. This means that the company’s revenues are up by around 33%
from EUR 129.2 million last fiscal year. Delticom is listed in the Frankfurt Stock
Exchange’s Prime Standard.
The company recorded revenues totaling EUR 63 million in Q4, which traditionally brings the
strongest revenues. This corresponds to an increase of 43% compared to Q4 2005 (€ 44.1
million). Delticom’s strong revenue growth was driven by the positive developments in the
key area of eCommerce, where the company recorded total revenues of around EUR 154
million during the year, up 41% year-on-year (2005: EUR 109.16 million). 90% of annual
revenues were recorded in the eCommerce segment in 2006. This accounted for 84% in
In terms of regions, the importance of non-German sales markets increased further during
the past fiscal year, as expected. Delticom enjoyed strong growth in the rest of the European
Union, with revenues up 43% year-on-year. This increasing international diversification
reduces the risks associated with the seasonal nature of the business model, and means that
Delticom is more independent of extraordinary factors on the German market than other
companies, in particular bricks-and-mortar national tyre dealers.
“Fiscal year 2006 was a success,” commented Dr. Andreas Prüfer, member of Delticom’s
Managing Board, and added: “Our revenues grew according to forecast, and we slightly
exceeded our target of EUR 170 million. The unusually warm winter weather in Germany did
not have a major impact on our business on the whole. We already record a good portion of
our revenues abroad. Stocks were low - in line with forecast. However, we are still pleased
that the winter has finally hit Germany,” he continued.
Delticom AG will publish the full annual financial statements for fiscal year 2006 on
April 4, 2007.