Delticom Revenues up 20%

Delticom AG has reported revenues of 175 million euros in the first nine months of 2008. Preliminary figures show that by the second anniversary of its IPO (26 October 2006), the company had increased revenues by 20 per cent compared with the same time in 2007 (146 million). Preliminary third quarter revenues can in at over 53 million euros compared with 44.0 million last year.

According to the company, Delticom has acquired more than 480,000 new customers. In addition, almost 170,000 repeat customers have bought Delticom’s products in one of the 95 online shops in 35 countries. This equates to a customer base of more than 2.4 million at the end of September, up around 37 per cent year-on-year.

During the course of the year, Delticom increased its non-domestic revenues by 29 per cent from 89 million euros to 115 million. Revenues outside Germany accounted for 66 per cent of total revenues compared with 61 per cent the previous year.

Delticom’s management confirmed full-year turnover predictions of 240 – 260 million euros and an EBIT margin of between 5 and 6 per cent.