Delticom: Income significantly up in H1 2018

During the first half of 2018, online tyre retailer Delticom achieved revenues of 290.5 million euros, a year-on-year decrease of 2.2 per cent. EBITDA rose 36.0 per cent to 6.8 million euros and the margin increased from 1.7 per cent to 2.3 per cent. EBIT was up 16.2 per cent year-on-year to 3.2 million euros and net income increased 150.0 per cent to 2.0 million euros

Delticom continues to expect group revenues to increase to 690 million euros in the current fiscal year and is planning for full-year EBITDA of approximately 14 million euros.

Further information about Delticom’s H1 2018 financial results can be read here.