Delticom Reports Improved Q1 Profits
During the opening quarter of the current fiscal year Delticom AG enjoyed a more than 300 per cent increase in year-on-year net income, up from 0.5 million euros to 1.9 million. This growth came on the back of a 19.8 per cent increase in sales to 51 million euros. These revenues are divided up into 46.7 million euros for the company’s eCommerce segment – an increase of 21.4 per cent – and 4.3 million euros for the Wholesale segment. EBIT rose from 0.5 million euros to 2.6 million year-on-year, with a quarterly EBIT margin of 5.2 per cent.