EANS-Adhoc: Delticom AG
H1 Revenues and earnings below plan. FY12 guidance
revised.
-------------------------------------------------------------------------------- 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. -------------------------------------------------------------------------------- 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 -------------------------------------------------------------------------------- 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
Original content of: Delticom AG, transmitted by news aktuell