• H1 10: E-Commerce revenues +30%
• Customer base up, to more than 3.8 million
• Outlook for FY 2010 confirmed: revenues up by more than 10%, EBIT margin 9%

Group revenues in the first six months totalled EUR 177.3 million, after EUR 139.2 million in the prior-year-period (+27.4%). Revenues in the E-Commerce division rose 29.7% to EUR 169.7 million (H1 09: EUR 130.8 million), while Wholesale revenues fell from EUR 8.4 million to EUR 7.6 million.

Delticom has further improved its profitability. During the first six months of the current fiscal year EBIT went up by 64.2% to EUR 16.7 million (H1 09: EUR 10.2 million), an EBIT margin of 9.4% (H1 09: 7.3%). Consolidated net income was EUR 11.4 million or EUR 0.96 per share (basic), an increase of 62.1% against the H1 09 figure of EUR 0.59 per share.

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.