Delticom AG: Revenue and earnings forecast for 2007
Hanover, December 14, 2007 - Delticom AG (German Securities Code (WKN) 514680,
ISIN DE0005146807, stock exchange symbol DEX) has published its forecast for the current
fiscal year 2007 as a reaction to industry figures published yesterday by the Bundesverband
Reifenhandel und Vulkaniseur-Handwerk e.V. (BRV - German Tyre and Vulcanization
Industry Association), as well as irritations in the financial markets with regards to the course
of Delticom's business during the current fourth quarter.
At present, Delticom's Managing Board forecasts revenues of EUR 210 - 215 million, an
increase of more than 21% over the previous year (EUR 173 million). Management forecasts
similar growth rates for EBIT, totaling EUR 12.0 - 12.5 million after EUR 10.2 million in fiscal
year 2006.
Although the current winter tyre market as a whole has substantially lower sales in Germany
compared to 2006, Delticom's revenues in the fourth quarter will remain at around the
previous year's level, against the market trend. As a result, Delticom as Europe 's leading
Internet tyre retailer is thus only marginally affected by the course of the German winter tyre
business. Delticom sales in the other major European winter tyre markets are considerably
higher than last year.
In the Internet under: www.delti.com
Online tire shop in Germany: www.reifendirekt.de
Contact: |
Company
Delticom AG Frank Schuhardt VP Investor Relations Brühlstraße 11 30169 Hannover Tel.: +49 511-936 34-844 Fax: +49 89-208081149 e-mail: frank.schuhardt@delti.com
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IR-Agency
cometis AG Henryk Deter
Unter den Eichen 7 65195 Wiesbaden Germany Tel.: +49 (0)611-205855-13 Fax: +49 (0)611-205855-66 e-mail: deter@cometis.de
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