Delticom reports successful Q1

ERJ staff report (LMH)

Hanover, Germany — First quarter revenues at online tyre dealer Delticom have increased this year despite lower levels of winter snowfall leading to initial decreased demand, the company said in its preliminary results figures.

Revenue at the company was up 14.6 percent to euro 85.4 million, and EBIT was euro 6.1 million, up 4.6 percent from the previous year. Revenues in the e-commence division were up year-on-year by 13.9 percent to euro 80.5 million, and in the wholesale division up 28.6 percent…

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