Delticom announces “exceptionally strong” 2010 results
On March 23, Delticom reported another “extremely successful year.” The online tyre retailer says its fiscal revenues increased 34.8 per cent year-on-year in 2010 to 419.6 million euros, while EBIT rose 60.1 per cent to 47.1 million euros. Furthermore, the company’s 11.2 per cent EBIT margin reveals further growth in profitability. Whole year revenues for Delticom’s E-Commerce division increased 36.2 per cent year-on-year to 403.7 million euros, while Wholesale division revenues grew 7.6 per cent to 15.9 million euros. Other operating income increased 33.3 per cent in 2010 in line with revenues to 5.8 million euros.