EQS-Adhoc
Delticom AG: Operating EBITDA exceeds full-year forecast and thus increases by almost 44 % compared to the previous year
- Operating EBITDA exceeds forecast by almost 44% compared to previous year.
- Consolidated revenues for 2023 financial year at €476 million, a decrease of 6.6%.
- Delticom AG to publish Annual Report on March 27, 2024.
EQS-Ad-hoc: Delticom AG / Key word(s): Forecast/Annual Results Delticom AG: Operating EBITDA exceeds full-year forecast and thus increases by almost 44 % compared to the previous year |
Hanover, January 26, 2024 – Delticom AG (German Securities Code (WKN) 514680, ISIN DE0005146807, stock market symbol DEX) has achieved high full-year earnings against the background of a strong winter tyre business and internal optimisations.
Based on initial, preliminary, unreviewed and unaudited IFRS consolidated figures, the company generated consolidated revenues of € 476 million in the 2023 financial year (2022: € 509 million, -6.6 %). The decrease in revenues compared to the previous year is exclusively due to the platform business and the associated reclassification of revenues. Operating EBITDA for the 2023 financial year amounts to € 21.6 million (2022: € 15.0 million, +43.7 %). While full-year revenues are within the guidance (forecasted range: € 470 million to € 504 million), operating EBITDA clearly exceeds the upper end of the guidance corridor (forecasted range: € 14 million to € 18.9 million).
Delticom AG will publish the Annual Report for the 2023 financial year on March 27, 2024 in accordance with the financial calendar and make it available for download on the website www.delti.com within the “Investor Relations” section.
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About Delticom:
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 more than 600 brands and over 40,000 tyre models for cars and motorcycles. Complete wheels and rims complete the product range. The company operates 348 online shops and online distribution platforms in 67 countries, serving around 19 million customers. In the online shop Reifendirekt.de, sustainable and resource-saving tyres are labelled accordingly and awarded a sustainability seal.