EANS-Adhoc: Delticom AG H1 Revenues and earnings below plan. FY12 guidance
revised.
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ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro
adhoc with the aim of a Europe-wide distribution. The issuer is solely
responsible for the content of this announcement.
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18.07.2012
Delticom AG: H1 Revenues and earnings below plan. FY12 guidance revised.
Hanover, 18 July 2012 - WKN 514680 (German Securities Code), ISIN DE0005146807,
stock market symbol DEX
After the season had already experienced a difficult start due to poor weather
conditions, second quarter summer tyre sales fell yet again significantly short
of tyre trade expectations. In this challenging environment Delticom's H1
revenues declined by 2.5 % to EUR 193.3 million (H1 11: EUR 198.3 million).
For the first half year the gross margin was 26.4 %, after 26.9 % in the
prior-year period. EBIT came down by 29.2 % from EUR 18.7 million to EUR 13.2
million. This equates to an EBIT margin of 6.9 % (H1 11: 9.4 %).
Management has decided to reduce the growth target for full-year revenues to +5
%. EBIT margins above 9 % are attainable only in the event of very favourable
winter weather (2011: 11.0 %)
According to the financial calendar Delticom will report further preliminary H1
figures tomorrow.
Further inquiry note:
Delticom AG Investor Relations
Melanie Gereke
Brühlstraße 11
30169 Hannover
Tel.: +49 (0)511-936 34-8903
Fax: +49 (0)89-208081147
e-mail: melanie.gereke@delti.com
end of announcement euro adhoc
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issuer: Delticom AG
Brühlstraße 11
D-30169 Hannover
phone: +49 (0)511 93634 8903
FAX: +49 (0)511 336116 55
mail: info@delti.com
WWW: http://www.delti.com
sector: Electronic Commerce
ISIN: DE0005146807
indexes: SDAX, CDAX, Classic All Share, Prime All Share
stockmarkets: free trade: Berlin, München, Düsseldorf, Stuttgart, regulated
dealing/prime standard: Frankfurt
language: English