Delticom reports flat Q1 sales on mild winter weather

ERJ staff report (DS)

Hanover, Germany – Delticom AG, Europe’s largest online tyre retailer said revenues in the three months to 31 March were flat compared to last year. Profits fell on higher fixed costs.

The company said, “Due to the lack of snow, sales of winter tyres lagged behind expectations at the start of the year. This was compounded by the fact that prior to Easter it was too cold for a good start into the changeover season. The low temperatures are likely to…

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