Revenues forecast for the full year 2024 raised
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EQS-Ad-hoc: Delticom AG / Key word(s): Change in Forecast Delticom AG: Revenues forecast for the full year 2024 raised Hanover, November 25, 2024 – Delticom AG (German Securities Code (WKN) 514680, ISIN DE0005146807, stock market symbol DEX), Europe's leading online retailer for tyres and complete wheels, is raising its revenues forecast for the full year 2024 due to the onset of winter throughout Germany in recent days and the associated unexpectedly high demand for winter tyres. Delticom group revenues for the full year are now forecasted to range between € 480 and 500 million (previous forecast: € 450 to 470 million). With regard to operating EBITDA for the full year, the forecast corridor of € 19 to 21 million is still expected to be achieved. <End of ad hoc disclosure> With its brand Reifendirekt, Delticom AG is the leading company in Europe for the online distribution of tyres and complete wheels. The product portfolio for private and business customers comprises an unparalleled range of around 600 brands and over 80,000 tyre models for cars and motorcycles. Complete wheels and rims complete the product range. The company operates 339 online shops and online distribution platforms in 68 countries, serving more than 19 million customers. In the online shop Reifendirekt.de, sustainable and resource-saving tyres are labelled accordingly and awarded a sustainability seal. As part of the service, the ordered products can be sent to one of Delticom's around 30,000 partner garages in Europe for mounting at the customer's request. Based in Hanover, Germany, the company operates primarily in Europe and has extensive expertise in the development and operation of online shops, internet customer acquisition, internet marketing and the establishment of partner networks. Since its foundation in 1999, Delticom has built up comprehensive expertise in designing efficient and fully integrated ordering and logistics processes. The company's own warehouses are among its most important assets. In fiscal year 2023, Delticom AG generated revenues of around 476 million euros. At the end of the last quarter, the company employed 169 people. The shares of Delticom AG have been listed in the Prime Standard of the German Stock Exchange since October 2006 (ISIN DE0005146807). On the internet at: www.delti.com Delticom AG End of Inside Information
25-Nov-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| Language: | English |
| Company: | Delticom AG |
| Brühlstraße 11 | |
| 30169 Hanover | |
| Germany | |
| Phone: | +49 (0)511 93634 8000 |
| Fax: | +49 (0)511 8798 9138 |
| E-mail: | info@delti.com |
| Internet: | www.delti.com |
| ISIN: | DE0005146807 |
| WKN: | 514680 |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 2037599 |
| End of Announcement | EQS News Service |
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2037599 25-Nov-2024 CET/CEST
