DGAP-News: zooplus AG / Key word(s): Quarter Results/Preliminary
Results
zooplus AG makes a successful start to 2014 with accelerated growth
24.04.2014 / 07:32
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- Total sales rise 30% to EUR 126.1 m (previous year: EUR 97.0 m)
- Substantial acceleration in growth in first quarter 2014
- Jürgen Vedie (Chief Operating Officer, COO) appointed as an additional
Management Board member
Munich, April 24, 2014 - zooplus AG (WKN 511170, ISIN DE0005111702, ticker
symbol ZO1), Europe's leading online retailer of pet supplies, was able to
accelerate the growth in its total sales in the first quarter 2014
following a successful financial year 2013. In the first three months of
the financial year 2014, the Group increased total sales by 30% to EUR
126.1 m (Q1 2013: EUR 97.0 m) according to preliminary figures. Total sales
comprise sales and other income. In terms of sales, the Group generated
growth of 30% to EUR 120.6 m (Q1 2013: EUR 92.8 m). Other income was up by
31% to EUR 5.5 m and was therefore also clearly ahead of previous year's
level (Q1 2013: EUR 4.2 m).
Dr. Cornelius Patt, CEO of zooplus AG, is very pleased with the start made
to the financial year 2014: "Despite a competitive environment, we were
able to increase the growth in our total sales in the first quarter by 30%.
As a result, we are up on the growth rate of the financial year 2013 of 27%
and substantially above the rise of around 23% recorded in Q4 2013. This
once again demonstrates the systematic implementation of our growth
strategy and the strong acceptance of our business model among our
customers."
In order to highlight the importance of supply chain management for the
current and future success of zooplus AG and boost the company further in
this area, zooplus AG has extended its Management Board to include Jürgen
Vedie (44) as its fourth member, effective as of April 1, 2014. As Chief
Operating Officer (COO), Mr. Vedie will be responsible for supply chain
management, logistics, warehousing and distribution. Mr. Vedie has been
working in the aforementioned fields for zooplus AG since 2012 and is able
to draw on outstanding experience in operations and retailing. Substantial
efficiency improvements were achieved in logistics operations under his
guidance. Before joining zooplus AG, he was most recently active as a
managing director within the WMF Group.
The complete report for the first three months of 2014 will be published by
zooplus AG on May 20, 2014 and made available for download at
investors.zooplus.com.
Company profile:
zooplus was founded in 1999 and has established itself as Europe's leading
online retailer for pet products, measured by sales and total sales. In
2013, the latter amounted to EUR 427 m and has therefore increased
seven-fold since 2007. The company's business model has already been
introduced successfully in 24 European countries. zooplus offers products
for all pet varieties. Its product range comprises foods (dry and wet pet
foods as well as pet food supplements) and pet accessories (such as cat
trees, dog baskets and toys) in all price categories. In addition to a
selection of over 8,000 products, zooplus customers benefit from a range of
interactive online content and community features. Pet supplies is a key
market segment within the European retail landscape. In 2012, sales of more
than EUR 22 bn were recorded within the pet supplies industry in the
European Union. The ongoing "humanization" of pets in key industrialized
countries means that pet owners' purchasing behavior is undergoing profound
change and moving towards healthcare, wellness and other related premium
products. In addition, continued strong growth is expected for eCommerce in
Europe per se. zooplus is therefore anticipating continued dynamic growth
for the future.
Online at: www.zooplus.de
Investor relations / media contact:
Dirk Ulmer
cometis AG
Unter den Eichen 7
65195 Wiesbaden
Phone: +49 (0)611-205855-24
Fax: +49 (0)611-205855-66
ulmer@cometis.de
Web: http://www.cometis.de/
End of Corporate News
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24.04.2014 Dissemination of a Corporate News, transmitted by DGAP - a
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Language: English
Company: zooplus AG
SonnenstraÃe 15
80331 München
Germany
Phone: +49 (0)89 95 006 - 100
Fax: +49 (0)89 95 006 - 500
E-mail: contact@zooplus.com
Internet: www.zooplus.de
ISIN: DE0005111702
WKN: 511170
Indices: SDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Stuttgart
End of News DGAP News-Service
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264368 24.04.2014
DGAP-News: zooplus AG makes a successful start to 2014 with accelerated growth
| Source: EQS Group AG