Preliminary Results: Delticom Beats FY2009 Forecast

By Delticom Ag, PRNE
Monday, January 18, 2010

HANOVER, Germany, January 19 -

    - Revenues: EUR 310 Million, +20% Year-on-Year
    - EBIT: EUR 28 Million (2008: EUR 16.4 Million, +70%)
    - EBIT Margin Exceeds 9%
    - 2010 Guidance: up to 10% Revenue Growth, 8% EBIT Margin

Delticom AG (German Securities Code (WKN) 514680, ISIN
DE0005146807, stock market symbol DEX), Europe's leading online tyre dealer,
has released preliminary figures for the fiscal year 2009.

Since mid of 2009, the consumer climate has been
deteriorating, dragged down late-cyclically by the recession. This placed
European retail business under mounting pressure over the course of the last
year. Against this backdrop, E-Commerce fared relatively well. Delticom's new
customer growth reflects this resilience: Last year, 800,000 customers
purchased tyres for the first time in one of the company's many online shops.
Group revenues in 2009 totalled EUR 310 million, after prior-year revenues of
EUR 259 million. Compared to the original guidance of +10%, the realized
growth of +20% came in twice as strong as expected.

The extreme snowy weather in many European countries
translated into the highest tyre sales in Delticom's history. In Germany new
car registrations resulting from the scrappage scheme created further selling
opportunities for winter tyres. As a result, revenues in the closing quarter
were EUR 108 million, up 29% from last year.

Delticom had stocked up early in order to be able to deliver
the tyres reliably during the peak of the winter tyre season. This allowed
superior margins to be achieved, particularly towards the end of the year.
The Group generated an EBIT margin of 12% in Q4. On a full-year view, EBIT
grew by 70%, from EUR 16.4 million to EUR 28 million. This equates to an EBIT
margin of above 9%, significantly outperforming the 7% forecast.

For 2010 a comparable concurrence of favourable top- and
bottom line effects is unlikely. Moreover, economists are still undecided on
how the weakening consumer sentiment will impact European online shopping
this year. Nevertheless, the Management Board remains confident that Delticom
will continue on its growth path, with a planned revenue increase of up to
10% year-on-year. Assuming a supportive course of business, an EBIT margin of
8% is attainable.

Delticom will publish its 2009 financial statements on 23
March 2010
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 102 online shops in 35 countries, the company offers
its private and business customers an unequalled assortment of excellently
priced car tyres, motorcycle 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 24,000 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

US online shop: www.tires-easy.com

Further online shops: www.reifendirekt.de, www.123pneus.fr,
www.mytyres.co.uk, www.reifendirekt.ch

    Contact:

    Delticom AG Investor Relations
    Melanie Gereke
    Bruhlstrasse 11
    30169 Hanover
    Phone: +49(0)511-936-34-8903
    Fax: +49(0)89-208081147
    e-mail: melanie.gereke@delti.com

Contact: Delticom AG Investor Relations, Melanie Gereke, Bruhlstrasse 11, 30169 Hanover, Phone: +49(0)511-936-34-8903, Fax: +49(0)89-208081147, e-mail: melanie.gereke at delti.com .

YOUR VIEW POINT
NAME : (REQUIRED)
MAIL : (REQUIRED)
will not be displayed
WEBSITE : (OPTIONAL)
YOUR
COMMENT :