DGAP-News: windeln.de AG / Key word(s): Preliminary Results/Quarter
Results
Preliminary figures: windeln.de shows strong growth and considerable
margin improvement in the first quarter of 2015
20.05.2015 / 21:09
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Preliminary figures: windeln.de shows strong growth and considerable margin
improvement in the first quarter of 2015
- Revenues of EUR35.6 million in the first quarter of 2015; 87 percent
increase compared to previous year
- Gross profit estimated at EUR8.5 - EUR9.2 million (gross margin of 23.8
- 25.8 percent)
- Adjusted EBIT expected to total EUR-1.5 - EUR-1.2 million (adjusted
EBIT margin of -4.2 -
-3.4 percent)
Munich, 20 May 2015. windeln.de AG ("windeln.de" or "the Company"), one of
the leading and fastest growing online retailers for baby, toddler and
children products in Germany, Austria and Switzerland, has increased its
gross profit to EUR8.5 - EUR9.2 million according to preliminary figures.
This corresponds to a gross margin of 23.8 - 25.8 percent (Q1 2014: EUR4.5
million or 23.3 percent). Preliminary figures indicate that the adjusted
EBIT has improved to EUR-1.5 - EUR-1.2 million, which equates to an
adjusted EBIT margin of -4.2 - -3.4 percent for the first quarter of 2015
(Q1 2014:
EUR-2.1 million or -11 percent). As already reported, revenues of
windeln.de grew by 87 percent to EUR35.6 million in the first quarter of
2015 (Q1 2014: EUR19.1 million).
"In a strong first quarter, all our business segments once again registered
robust growth and saw a considerable margin improvement. This represents a
solid basis for the full year," commented Alexander Brand, management board
member and co-founder of windeln.de. Konstantin Urban, management board
member and co-founder of windeln.de, added: "The development over the past
few months is a clear indication of the momentum and margin potential our
business offers. We have further strengthened and expanded our already
established market position."
All figures reported herein are preliminary and unaudited. windeln.de will
publish full financial figures for the first quarter 2015 on 28 May 2015 as
scheduled.
Overview of the preliminary figures for the first quarter1
<pre>
Q1 2015 Q1 2014 Change in %
Revenues (in kEUR) 35,649 19,083 87
Gross profit (in kEUR) 8,500 - 9,200 4,447 91 - 107
as % of revenues 23.8 - 25.8 23.3 0.5 - 2.5ppt
EBIT, adjusted (kEUR) -1,500 - -1,200 -2,100 28 - 43
as % of revenues -4.2 - -3.4 -11.0 6.7 - 7.6ppt
</pre>
1 Gross profit and EBIT are preliminary; adjusted EBIT adjusted to exclude
equity-settled stock based compensation costs, transaction costs and
IPO-related expenses.
Press Contact
Amelie Heinz
Phone: +49 (89) 41 61 71 52 75
Email: presse@windeln.de
About windeln.de
windeln.de is one of the leading pure-play online retailers specializing in
baby and toddler products in Germany, Austria and Switzerland. The Company
also successfully sells baby and toddler products to customers in China.
windeln.de offers approximately 100,000 products from over 1,000 brands,
which young parents can comfortably order online. The offer ranges from
diapers and baby food to child furniture, toys, clothing, strollers and car
seats, making windeln.de a one-stop shop for parents. For further
information, please visit http://corporate.windeln.de.
Disclaimer
This announcement may include statements that are, or may be deemed to be,
"forward-looking statements". These forward-looking statements may be
identified by the use of forward-looking terminology, including the terms
"believes", "estimates", "plans", "projects", "anticipates", "expects",
"intends", "may", "will" or "should" or, in each case, their negative or
other variations or comparable terminology, or by discussions of strategy,
plans, objectives, goals, future events or intentions. Forward-looking
statements may and often do differ materially from actual results. Any
forward-looking statements reflect the Company's current view with respect
to future events and are subject to risks relating to future events and
other risks, uncertainties and assumptions relating to the Company's
business, results of operations, financial position, liquidity, prospects,
growth or strategies. Forward-looking statements speak only as of the date
they are made. Each of the Company and its affiliates expressly disclaims
any obligation or undertaking to update, review or revise any forward
looking statement contained in this announcement whether as a result of new
information, future developments or otherwise.
The information contained in this announcement is for background purposes
only and does not purport to be full or complete. No reliance may be placed
for any purpose on the information contained in this announcement or its
accuracy or completeness. The information in this announcement is subject
to change.
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20.05.2015 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
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Language: English
Company: windeln.de AG
Hofmannstr.51
81379 Munich
Germany
Phone: 089 / 416 17 15-0
Fax: 089 / 416 17 15-11
Internet: www.windeln.de
ISIN: DE000WNDL110
WKN: WNDL11
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Munich,
Stuttgart, Tradegate Exchange
End of News DGAP News-Service
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360207 20.05.2015
DGAP-News: Preliminary figures: windeln.de shows strong growth and considerable margin improvement in the first quarter of 2015
| Source: EQS Group AG