Corporate News

Delticom AG: 1.90 Euro dividend per share for 2012 and guidance 2013

Hanover, 8 March 2013 - According to audited financial statements (IFRS) for fiscal year 2012, Delticom AG (German Securities Code (WKN) 514680, ISIN DE0005146807, stock exchange symbol DEX), Europe's leading online tyre dealer, recorded revenues of EUR 456.4 million (-4.9% yoy). EBIT decreased in the reporting period by 38.4% to EUR 32.6 million (2011: EUR 52.9 million), corresponding to an EBIT margin of 7.1% (2011: 11.0%). Consolidated net income was EUR 22.2 million or EUR 1.87 per share (basic; 2011: EUR 3.04).

Delticom's Managing Board today resolved to propose to the General Meeting a dividend per share of EUR 1.90 for fiscal year 2012, subject to approval by the Supervisory Board (2011: EUR 2.95). The General Meeting will be held in Hanover on 30 April 2013.

The last years have shown that mid-term tyre demand cannot be anticipated with a sufficient degree of reliability. At this point in time any full-year guidance is therefore subject to considerable uncertainty, in particular with regards to the winter tyre business. For the first half of the year with its focus on summer tyre sales, Delticom is expected to grow revenues in its core E-Commerce segment by up to 10% year-on-year. For the case of a satisfactory course of business for the full year, Delticom should be able to exceed previous year's revenues. The management assumes that company growth will once again outperform the industry as a whole in 2013, regardless of broader sector developments.

Delticom will publish its 2012 financial statements on 21 March 2013 on its Website www.delti.com in the Investor Relations section.

Company profile:

Delticom, Europe's leading online tyre retailer, was founded in Hanover in 1999. With more than 100 online shops in 42 countries, the company offers its private and business customers an unequalled assortment of excellently priced car tyres, motorcycle tyres, bicycle tyres, truck tyres, bus tyres, special tyres, rims, complete wheels (pre-mounted tyres on rims), selected replacement car parts and accessories, motor oil and batteries. The independent website reifentest.com contains impartial information about tyre tests and helps the customers choose from more than 100 tyre brands and more than 25,000 tyre models. Delticom delivers either directly to the customer's home address, or to one of more than 30,000 service partners - affiliated garages which take delivery of tyres and then install these on the customer's vehicle. Delticom's Wholesale division also sells tyres to wholesalers domestically and abroad.

On the Internet at: www.delti.com
Selected online shops: www.reifendirekt.de, www.123pneus.fr, www.mytyres.co.uk, www.reifendirekt.ch