Investor Presentation FY 2010
Outlook
Current trading in Q1:
difficult comps
price increases in the first weeks
☐
Japan has increased volatility of natural rubber and oil prices
Market for replacement tyres
Germany: 2011 est (BRV, as of March 2011): summer ±0%, winter ±0% (?)
shortages likely for summer season
experts still undecided about impact of Japan on the European tyre trade
2011 top and bottom line drivers: negative base effects (Q4) after 3 good winters in a row.
Other factors:
☐
seasonal effects
customers are trading down
■
Delticom is international
Delticom is online
winter tyres
online channel gains importance
diversified country portfolio
good prices, good sales, good margins.
Revenues FY11:
2
+10% yoy
EBIT-Margin FY11: -1%p yoy
Investor Presentation FY 2010
Hanover, 23 March 2011
At a glance
Business Model
Profit & Loss
Balance Sheet
Outlook
DELTICOM 8 22
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