EANS-Adhoc: Delticom raises target for 2010 EBIT margin from 8% to 9%
-------------------------------------------------------------------------------- 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. --------------------------------------------------------------------------------
28.06.2010
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.
Delticom AG will publish preliminary revenues and earnings for the first half year of 2010 on July 20, 2010. The fully semi annual report will be released on August 10.
end of announcement euro adhoc --------------------------------------------------------------------------------
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
Branche: Electronic Commerce
ISIN: DE0005146807
WKN: 514680
Index: SDAX, CDAX, Classic All Share, Prime All Share
Börsen: Frankfurt / regulated dealing/prime standard
Berlin / free trade
Stuttgart / free trade
Düsseldorf / free trade
München / free trade
Original content of: Delticom AG, transmitted by news aktuell