Delticom Archives - Page 7 of 11 - Tyrepress

Posts

Don’t put tyre purchases on the backburner – Delticom

Online tyre retailer Delticom has referred to passenger car tyres as the new “black gold” and comments that these guarantors of vehicular safety and mobility can now very often only be obtained at far higher prices than in 2010. Discussing the issue, Delticom AG CEO Rainer Binder makes it clear that “car drivers are likely facing drastic price increases in 2011.” Binder elaborates that “raw material prices are virtually exploding. Many manufacturers purchase the raw materials needed for tyre production months in advance. The drastic increase in raw material prices in the last few weeks will thus become noticeable in retail prices after a time lag. But further substantial price increases are expected in the course of the year. Against this backdrop I can only urge drivers who need new tyres to buy them now and not put purchasing tyres on the back burner.”

10th February 2011/by Tyrepress Editors

Sage Launches Mobile Payment System

In the US Sage Payment Solutions has launched a new mobile payment system for small and medium-sized retailers. Sage Mobile Payments comes bundled with a Sage merchant account to allow businesses to expand their payment options by accepting credit and debit cards on 400+ types of mobile phones and computing devices, across all major wireless carriers. Sage Payment Solutions is available for a monthly fee and no incremental mobile processing or transaction fees.

2nd February 2011/by Tyrepress Editors

Delticom Results Very Strong, But Not Unexpected – Analysts

In response to Delticom’s record full-year 2010 figures, financial analysts have commented on the “very strong preliminary full-year figures.” Prior to the release of the preliminary numbers, which Tyres & Accessories published online at tyrepress.com on 17 January, the company predicted it would achieve 30 per cent growth and a pre-tax profit margin (EBIT) of 11 per cent. However financial analysts at Deutsche Bank had predicted that the company would outperform these already strong figures.

19th January 2011/by Tyrepress Editors

2010 a ‘Record Year’ for Delticom

After examining its preliminary financial results Delticom has declared 2010 a “record year” for the company. During the 12 month period the online tyre dealer’s revenues increased 34.8 per cent to 419.4 million euros and its customer base across the more than 100 online shops operated in 39 countries grew by almost a million to give Delticom a total of 4.4 million customers.

18th January 2011/by Tyrepress Editors

Mytyres Unburdens Itself on Van Overloading

Commenting on the results of a recent Vehicle and Operator Service Agency’s (VOSA) Effectiveness Report, mytyres.co.uk says Britain’s van drivers have an “unenviable record” when it comes to overloading. The online retailer, part of the Delticom family of internet portals, adds that the impact of such behaviour upon tyres – which it adds are also often under-inflated – can be reduced operating life and a possible blow out.

17th January 2011/by Tyrepress Editors

Delticom Acquires Asian Retail Portal

On December 13 German online tyre retailer Delticom AG announced its acquisition of a majority stake in Singapore-based Tyrepac Pte Ltd, for an undisclosed amount in cash. The transaction, Delticom reports, is structured as a capital increase at Tyrepac.

13th December 2010/by Tyrepress Editors

Delticom Raises 2010 Forecast

Delticom has once again raised its guidance for 2010 due to a surge in demand for winter tyres leading to supply shortages. As a result of this market-wide scarcity, winter tyre prices have increased starkly across Europe. Delticom management's guidance for the 2010 financial year from November 26th has thus been overtaken by the recent developments. On the back of strong fourth quarter sales, the company should be able to grow 2010 revenues by more than +30 per cent year-on-year (previous guidance: more than +20 per cent). Due to the “very beneficial pricing environment” throughout the year and especially in the fourth quarter, profitability will be “unusually elevated” and thus significantly better than last year. Management sees a 2010 EBIT margin on the order of 11 per cent as realistically achievable (previous guidance: around 10 per cent, last year: 9.4 per cent). Depending on how the next weeks will evolve with regards to demand, stock levels and prices, margins could come in even higher than currently estimated.

9th December 2010/by Tyrepress Editors

TecDoc Releases Web Catalog 2.0 VRM Software

Software house TecDoc has released the 2.0 version of its Web Catalog parts identification portal. According to the company the latest version provides VRM users with the full vehicle details with “all of the back-up and usability of the ‘classic’ version, but with some distinct benefits when interrogating the data, which makes searching for the correct part easier and quicker.”

18th November 2010/by Tyrepress Editors

Delticom 9-Month Figures Show ‘Very Successful’ Year

Germany’s Delticom AG has once again shown online tyre retailing to be a lucrative business. The company behind numerous national portals, including mytyres.co.uk, reports that during the first nine months of 2010 its revenues increased 27.5 per cent to 257.0 million euros. In the third quarter Delticom generated revenues of 79.7 million euros, a year-on-year rise of 27.6 per cent. EBIT during the nine months to September 30 was 22.7 million euros, up 54.5 per cent, and in the third quarter amounted to 6.0 million euros. Delticom’s net income for the first nine months of the year was 15.2 million euros, 51.9 per cent higher than in the same period of 2009.

11th November 2010/by Tyrepress Editors

Price Advantage Driving Online Sales

According to research undertaken by market research company fast.MAP for mytyres.co.uk, price, choice and convenience are the main reasons why UK motorists are increasingly buying tyres online rather than from high street retailers. One thousand motorists were surveyed in September for the UK Delticom online operation, and price was identified as the most important reason for buying online. Delticom reports that over 80 per cent of respondents indicated that buying online was cheaper and more than 70 per cent said it was easier and quicker than more traditional methods: in excess of half of those surveyed cited the ability to order from the comfort of home as an important factor.

14th October 2010/by Tyrepress Editors

Nankang Launches Motorcycle Range

At the Intermot exhibition, held in the German city of Cologne, Nankang Rubber Tire has shown off its first-ever motorcycle tyre. Aimed at the growing sport touring segment, the radial Roadiac WF-1 is said to be the product of three years’ intensive joint development work between Nankang and Delticom/Pnebo.

5th October 2010/by Tyrepress Editors

UK Launch for Nokian All-Season Range

The Nokian eNTYRE all-season tyre, first released late last year, is now available to customers in the UK through mytyres.co.uk. The online retailer reports it has secured UK exclusivity for the range and is targeting the eNTYRE at motorists who want a tyre that can be used all year round but seek additional limited snow performance.

27th August 2010/by Tyrepress Editors

E-Commerce Growth Drives Delticom Revenues in H1, 2010

In reporting its financial results for the first half of the 2010 financial year, Germany’s Delticom AG – the company behind mytyres.co.uk – observed a marked difference between the performance of its main e-commerce business and its comparatively small-scale wholesale operation. Delticom notes the continuation of the global economic recovery during the first and an improvement in conditions in most European countries, yet has also seen that within the “strong rebound” in its home market Germany domestic demand has lagged behind the improving consumer sentiment. Therefore, while the internet is “steadily gaining significance as a sales channel”, Delticom states that the late-cycle retail sector as a whole “has not yet been able to benefit from the upturn to the same extent as other sectors of the economy.”

10th August 2010/by Tyrepress Editors

Delticom Increases Target EBIT Margin

Online tyre retailer Delticom AG reports a “significant” increase in revenues and earnings during the first half of 2010, and while admitting it may have to face “headwind” from a weakening consumer climate and negative base effects in the upcoming quarters, the company’s management board says it is now confident of achieving a higher level of profitability than initially expected for the full year.

29th June 2010/by Tyrepress Editors

Check Internet Links Warns NTDA

Used properly, the Internet can be a powerful and valuable marketing tool. Unfortunately, in the wrong hands, it can be used to adversely affect your business. It recently came to the attention of the NTDA that a wholesaler of tyres on the Internet had downloaded details of all NTDA members and, customers who logged on to certain retailers' websites were being diverted to the wholesaler's site.

It may sound a trivial offence, but it is one which is being taken increasingly seriously by courts. Indeed, in a recent case, a disgruntled estate agent purchased the ".com" version of his former employers' domain name (the employers were using the ".co.uk" address) and visitors to the site were diverted to a hardcore porn site. The case went to court and the employee was found guilty of passing off and copyright infringement and had to pay costs of £15,000.

In this instance, the NTDA warned members that this was happening and e-mailed the following letter to members:

11th May 2010/by Tyrepress Editors