Delticom net income down 38.5% in 2012
According to audited financial statements for the 2012 fiscal year, internet tyre retailer Delticom AG recorded revenues of 456.4 million euros, 4.9 per cent less than a year earlier. The company’s EBIT margin was also down, from 11.0 per cent in 2011 to 7.1 per cent last year. Consolidated net income was 22.2 million euros or 1.87 euros per share, as compared with 3.04 euros a share in 2011.