Germany's Delticom Q1 revenue falls on weather impact

Delticom AG

12/05/2026 13:38

Overview

Germany online tyre retailer's Q1 revenue fell 6% yr/yr to €99 mln

Consolidated net income for Q1 steady at €-1.2 mln

Company says revenue decline due to weather and focus on profitability; full-year guidance confirmed

Outlook

Delticom confirms 2026 revenue guidance of €480 mln to €520 mln

Company maintains 2026 operating EBITDA target of €19 mln to €24 mln

Result Drivers

PROFITABILITY FOCUS - Co said it prioritized profitability over sales growth in Q1, contributing to lower revenue

WEATHER IMPACT - Co said weather conditions prevented it from benefiting from an early start to the summer tyre season

LOWER DEPRECIATION - Depreciation decreased following the deconsolidation of DeltiLog GmbH, reducing costs

Company press release: ID:nEQ8fXklta

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
EUR 99 mln
Q1 EPS
-EUR 0.08
Q1 Net Income
-EUR 1.20 mln
Q1 Gross Margin
22.20%
Q1 EBIT
-EUR 1.20 mln
Q1 EBITDA
EUR 1 mln
Q1 GMV
EUR 121 mln


Analyst Coverage

The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the online services peer group is "buy."

Wall Street's median 12-month price target for Delticom AG is €3.90, about 48.9% above its May 11 closing price of €2.62

The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 6 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)