Delticom Ag · XETR:DEX
Delticom — Q1 2015 Earnings Presentation
10 slides from Delticom's earnings presentation, May 13, 2015
Slide 1: Delticom AG: Company Presentation
Delticom AG: Company Presentation Hanover, 13 May 2015
Slide 2: Delticom – Europe's leading online tyre retailer
Delticom – Europe‘s leading online tyre retailer ► 188 online shops in 42 countries across the ► Complete wheels, motor oil, replacement globe (Europe, North America & East Asia) parts and accessories ► Service partners: EU 36,076, Non-EU 5,843 + ► Multi-brand strategy around 7,000 via Tyrepac ► Mor
Slide 3: Q1/2015: growth in a market environment of deflationary prices
Q1/2015: growth in a market environment of deflationary prices Macroeconomy Revenues ► Weak Euro and low oil prices lead to higher ► e-commerce revenue of 163 online shops +18.5 % consumption propensity of households in Europe growth y-o-y ► Economic performance of the Euro countries remains ► Three
Slide 4: Q1/2015: Key Financials Delticom Group
Q1/2015: Key Financials Delticom Group Unit Q1 15 Q1 14 -/+ (%, %p) New customers k 207 197 +5.2 New methodology Revenues €m 111.3 94.3 +18.1 Gross margin *) % 22.0 24.5 -2.5p Focus on volume growth Gross profit *) €m 24.5 23.1 +6.2 EBITDA €m 0.8 2.4 -68.0 Increase in volume-related costs EBIT
Slide 5: Q1/2015: P+L statement
Q1/2015: P+L statement in €m Q1 15 Q1 14 -/+ (%) Revenues 111.3 94.3 +18.1 Other operating income 4.2 3.0 +41.0 Total operating income 115.6 97.3 +18.8 Cost of goods sold -86.8 -71.2 +21.9 Gross profit 28.7 26.1 +10.2 Personnel expenses -2.2 -3.6 -39.6 Reduced Tirendo workforce Other operating exp
Slide 6: Q1/2015: Balance sheet – Assets
Q1/2015: Balance sheet – Assets in €m 31.03.15 % '-/+ (%) 31.12.14 % 31.03.14 % Assets Non-current assets 56.4 30.1 -3.0 58.1 35.4 65.5 29.6 Intangible assets 46.6 24.9 -2.9 47.9 29.2 51.4 23.2 Property, plant and equipment 8.5 4.5 -5.4 9.0 5.5 10.3 4.6 Financial assets 0.0 0.0 +8.0 0.0 0.0 0.8 0.4
Slide 7: Q1/2015: Balance sheet – Shareholder's Equity and Liabilities
Q1/2015: Balance sheet – Shareholder’s Equity and Liabilities in €m 31.03.15 % '-/+ (%) 31.12.14 % 31.03.14 % Equity 49.4 26.4 -1.7 50.3 30.7 51.7 23.3 Equity attributable to Delticom AG shareholders 48.6 25.9 -1.4 49.3 30.1 51.7 23.3 Subscribed capital 11.9 6.4 0.0 11.9 7.3 11.9 5.4 Share premium 2
Slide 8: Q1/2015: Abridged cash flow statement
Q1/2015: Abridged cash flow statement in €m Q1 15 Q1 14 Earnings before interest and taxes (EBIT) -1.4 0.3 Changes in inventories -17.4 -21.8 Changes in receivables and other assets not allocated to investing or financing activity -16.1 -15.4 Change in payables and other liabilities not allocated to
Slide 9: Outlook 2015
Outlook 2015 Market Delticom Consumer confidence in Europe on the rise but Turnover + EBITDA (abs.) at least flat yoy sustainable recovery unclear Increase in volume vs. 2014 BVR expectation for FY 2015 not clear yet 2015: Tirendo break-even Excess inventory for winter goods in the suppl
Slide 10: Q&A
Q&A Company Presentation Hanover, 13 May 2015 10