Delticom AG reported preliminary earnings results for the first quarter of 2012. For the quarter, the company reported revenues of EUR 85.5 million against EUR 85.4 million for the same period last year. EBIT was EUR 3.4 million against EUR 5.9 million for the same period last year. EBIT came in EUR 2.5 million lower, though, partly because of the weaker demand but also due to higher expenses for the new warehouse opened in May 2011. The company reaffirmed earnings guidance for the full year of 2012. As the bulk of the summer tyres are sold in the second quarter, guidance for the full year remains unchanged at 10% growth in revenues and earnings.