Delticom Ag · XETR:DEX
Delticom — 9M 2015 Earnings Presentation
10 slides from Delticom's earnings presentation, Nov 12, 2015
Slide 1: Delticom AG: Company Presentation
Delticom AG: Company Presentation Hanover, 12 November 2015
Slide 2: Delticom – Europe's leading online tyre retailer
Delticom – Europe‘s leading online tyre retailer ► ~200 online shops in 41 countries (Europe & North ► Complete wheels, motor oil, replacement parts and America) accessories (> 300k) ► Service partners: EU 36,837, Non-EU 6,044 ► MultiShops ► More than 25,000 models from over 100 tyre brands for cars
Slide 3: 9M/2015: growth in a market environment of deflationary prices
9M/2015: growth in a market environment of deflationary prices Macroeconomy Revenues ► Further downturn in global economic outlook due to ► Group revenues of €m 354.2 (+12.7 % y-o-y) weak growth in China and emerging markets ► 77 % of revenues stem from EU countries, with ► European consumer spendin
Slide 4: 9M/2015: Key Financials Delticom Group
9M/2015: Key Financials Delticom Group Unit 9M 15 9M 14 -/+ (%, %p) New customers k 717 670 +7.0 New methodology Revenues €m 354.2 314.1 +12.7 Gross profit *) €m 84.8 79.1 +7.3 Gross margin *) % 23.9 25.2 -1.2 Focus on volume growth EBITDA €m 8.6 8.0 +7.3 Volume-related costs compensated by reduced
Slide 5: 9M/2015: P+L statement
9M/2015: P+L statement in €m 9M 15 9M 14 -/+ (%) Revenues 354.2 314.1 +12.7 Other operating income 12.2 8.5 +43.3 Total operating income 366.4 322.7 +13.6 Cost of goods sold -269.4 -235.1 +14.6 Gross profit 97.0 87.6 +10.8 Personnel expenses -7.3 -11.4 -36.2 Reduced Tirendo workforce Other operating
Slide 6: 9M/2015: Balance sheet – Assets
9M/2015: Balance sheet – Assets in €m 30.09.15 % -/+ (%) 31.12.14 % 30.09.14 % Assets Non-current assets 53.5 25.0 -7.9 58.1 35.4 60.7 26.2 Intangible assets 44.5 20.7 -7.3 47.9 29.2 49.3 21.3 Property, plant and equipment 6.7 3.1 -25.2 9.0 5.5 9.4 4.1 Financial assets 0.5 0.2 0.0 0.0 0.8 0.4 Deferr
Slide 7: 9M/2015: Balance sheet – Shareholder's Equity and Liabilities
9M/2015: Balance sheet – Shareholder’s Equity and Liabilities in €m 30.09.15 % -/+ (%) 31.12.14 % 30.09.14 % Equity 48.2 22.5 -4.2 50.3 30.7 46.5 20.1 attributable to Delticom AG shareholders 47.1 22.0 -4.4 49.3 30.1 46.1 19.9 Subscribed capital 12.0 5.6 0.4 11.9 7.3 11.9 5.2 Share premium 25.4 11.8
Slide 8: 9M/2015: Abridged cash flow statement
9M/2015: Abridged cash flow statement in €m 9M 15 9M 14 Earnings before interest and taxes (EBIT) 1.6 1.8 Changes in inventories -43.4 -44.5 Changes in receivables and other assets not allocated to investing or financing activity -16.9 -3.7 Change in payables and other liabilities not allocated to i
Slide 9: Outlook 2015
Outlook 2015 Market Delticom Dampened global economic outlook, Eurozone Revenue guidance revised at the beginning expected to remain on moderate growth course of November: €m 530 – 540 No update from BRV for FY 15: Q4 is decisive EBITDA (abs.) at least flat y-o-y Onset of colder temperatures in Octo
Slide 10: Q&A
Q&A Company Presentation Hanover, 12 November 2015 10