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| Delticom AG: EUR 0.50 dividend per share for 2015


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Delticom AG: EUR 0.50 dividend per share for 2015

Hanover, 15 March 2016 – For Delticom (German Securities Code (WKN) 514680, ISIN DE0005146807, stock market symbol DEX), Europe’s leading online tyre dealer, 2015 was a successful year. In a challenging market environment the company generated revenues of € 559.8 million (2014: € 501.7 million). With an increase in revenues of 11.6 %, the group significantly exceeded its full-year revenues forecast of € 540 million. Earnings before interest, taxes, depreciation and amortisation (EBITDA) stood at € 14.3 million (2014: 15.3 million). With a decrease of 6.6 %, Delticom did not quite reach its target of matching the previous year’s EBITDA. This was due to one-off expenses incurred in the financial year 2015. Excluding extraordinary expenses, operating earnings before depreciation amounted to € 15.9 million. Consolidated net income for 2015 came in at € 3.4 million, after € 2.9 million the previous year. Earnings per share were € 0.28 (2014: € 0.24).

At the Annual General Meeting on May 3, 2016, the Management Board and the Supervisory Board will propose a dividend of € 0.50 per share (2014: € 0.25, +100 %). In the fiscal year 2014 – the year after the Tirendo acquisition – Delticom for the first time in company’s history with a dividend of € 0.50 per share did only pay out about half of fiscal year 2013’s earnings per share as dividend. One reason for this dividend cut were possibly necessary investments into Tirendo. Following the successfully completed restructuring process and the achieved cost savings in 2015, part of the reserve formed in 2014 will now be used for the dividend payment in the current fiscal year. With the marked dividend increase the management board and the supervisory board once again would like to enable the shareholders of Delticom AG to significantly participate in the success of the company.

Company Profile:

Delticom is Europe’s leading online retailer for tyres and car parts and accessories. Founded in 1999, the Hanover-based company has more than 300 online shops and websites in 45 countries, among others ReifenDirekt in Germany, Austria and Switzerland. The Delticom group also includes the online shops of Tirendo. The four-time Formula 1 World Champion Sebastian Vettel was Tirendo’s brand ambassador between 2012 and 2015 and participated in particular in TV spots and viral videos promoting the brand. Delticom offers a wide range of products for its private and business customers: more than 25,000 models from over 100 tyre brands for cars, motorcycles, commercial vehicles and buses, but also complete wheels. More than 300,000 car parts, including motor oil, replacement parts and accessories, complement the product portfolio.

Customers enjoy all the advantages of modern E-Commerce: convenience in order placing, quick, efficient delivery, clear cost information and, last but not least, low prices. The products are delivered in two business days to any address the customer chooses. Alternatively, Delticom delivers the tyres to one of more than 42,000 service partners (9,500 in Germany alone) for professional fitting directly on to the customer’s vehicle at a reasonable price

On the Internet at:

Delticom AG Investor Relations
Melanie Gereke
Brühlstraße 11
30169 Hannover
Tel.: +49(0)511-936 34-8903
Fax: +49(0)511-8798-9138