Delticom Ag · XETR:DEX
Delticom — H1 2015 Earnings Presentation
10 slides from Delticom's earnings presentation, Aug 13, 2015
Slide 1: Delticom AG: Company Presentation
Delticom AG: Company Presentation Hanover, 13 August 2015
Slide 2: Delticom – Europe's leading online tyre retailer
Delticom – Europe‘s leading online tyre retailer ► 188 online shops in 45 countries across the ► Complete wheels, motor oil, replacement globe (Europe & North America) parts and accessories ► Service partners: EU 36,000, Non-EU 6,000 ► Multi-brand strategy ► More than 25,000 models from over 100 tyr
Slide 3: H1/2015: growth in a market environment of deflationary prices
H1/2015: growth in a market environment of deflationary prices Macroeconomy Revenues ► Eurozone gaines momentum, but still considerable ► e-commerce revenues of 191 online shops +11.3 % differences between member states growth y-o-y ► Consumer sentiment remains at low level ► 78 % of revenues stem f
Slide 4: H1/2015: Key Financials Delticom Group
H1/2015: Key Financials Delticom Group Unit H1 15 H1 14 -/+ (%, %p) New customers k 492 469 +4.8 New methodology in Q1 15 Revenues €m 250.2 226.1 +10.7 Gross profit *) €m 57.8 56.1 +3.1 Gross margin *) % 23.1 24.8 -1.7 Focus on volume growth EBITDA €m 6.6 6.2 +6.4 Volume-related costs compensa
Slide 5: H1/2015: P+L statement
H1/2015: P+L statement in €m H1 15 H1 14 -/+ (%) Revenues 250.2 226.1 +10.7 Other operating income 8.7 6.1 +42.4 Total operating income 258.9 232.2 +11.5 Cost of goods sold -192.3 -170.0 +13.2 Gross profit 66.5 62.2 +6.9 Personnel expenses -4.5 -7.7 -41.4 Reduced Tirendo workforce Other operating
Slide 6: H1/2015: Balance sheet – Assets
H1/2015: Balance sheet – Assets in €m 30.06.15 % -/+ (%) 31.12.14 % 30.06.14 % Assets Non-current assets 54.4 30.1 -6.5 58.1 35.4 61.9 29.9 Intangible assets 45.4 25.1 -5.3 47.9 29.2 50.1 24.2 Property, plant and equipment 7.1 3.9 -21.2 9.0 5.5 9.8 4.7 Financial assets 0.1 0.1 +304.0 0.0 0.0 0.8 0.4
Slide 7: H1/2015: Balance sheet – Shareholder's Equity and Liabilities
H1/2015: Balance sheet – Shareholder’s Equity and Liabilities in €m 30.06.15 % -/+ (%) 31.12.14 % 30.06.14 % Equity 48.3 26.7 -4.0 50.3 30.7 46.8 22.6 attributable to Delticom AG shareholders 47.3 26.2 -4.0 49.3 30.1 46.8 22.6 Subscribed capital 11.9 6.6 0 11.9 7.3 11.9 5.8 Share premium 25.4 14.0 0
Slide 8: H1/2015: Abridged cash flow statement
H1/2015: Abridged cash flow statement in €m H1 15 H1 14 Earnings before interest and taxes (EBIT) 1.4 2.1 Changes in inventories -18.8 -36.3 Changes in receivables and other assets not allocated to investing or financing activity -14.7 -3.8 Change in payables and other liabilities not allocated to i
Slide 9: Outlook 2015
Outlook 2015 Market Delticom Moderate growth forecasts for eurozone Guidance unchanged BRV forecast: no lasting industry improvement Turnover + EBITDA (abs.) at least flat y-o-y For winter business in Q4 15, excess inventories Increase in volume vs. 2014 cannot be ruled out at the curren
Slide 10: Q&A
Q&A Company Presentation Hanover, 13 August 2015 10