zooplus SE — Earnings Release 2008

Apr 3, 2009

News Details

Corporate | 3 April 2009 08:00

zooplus AG showing strong growth and earnings momentum for FY 2008

zooplus AG / Final Results

Release of a Corporate News, transmitted by DGAP - a company of EquityStory
AG.
The issuer / publisher is solely responsible for the content of this announcement.

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• Total sales up by 54% to EUR 85,1 mm
• EBIT increased to EUR 2,7 mm
• EBIT margin improved to 3,2%
• Optimistic outlook for 2009

Munich, April 2nd 2009 - zooplus AG (WKN 511170, ISIN DE0005111702, ZO1),
Europe's leading online pet supplies retailer has today published its final
2008 results. Both sales and earnings have improved significantly for the
year as a whole, leading to a record year since the company's foundation in
1999.

Total sales of the company, which are generated in markets all across
Europe, have increased by 54% to EUR 85,1 mm.

Earnings before interest and taxes (EBIT) tripled from EUR 0,9 mm in 2007
to EUR 2,7 mm in 2008.

These improvements do not include additional total positive one off effects
to the net amount of EUR 3,1 mm resulting from tax and IPO accounting
effects which considerably and further improve the company's published
earnings for the full year. Overall, as a result, the company has published
net profits of EUR 5,8 mm in 2008. On a pro-forma basis (and deducting
these positive one-off effects), zooplus AG achieved net profits of EUR 2,4
mm for the year, up from EUR 0,6 mm in 2007.

The company's customer accounts base increased by around 472k to 1380k
accounts in total by the end of 2008, again reinforcing the company's
growth momentum.

Key metrics, such as net product margin (up 0,6% to 41,3% of total sales)
or personnel costs (down 1,1% to 4,9% of total sales) have shown
considerable improvements as well.

In sum, the management believes that the European online pet supplies
markets will be able to weather the current recession relatively well and
is forecasting total sales growth of around 40% to EUR 120 mm on the back
of an improving EBIT of between EUR 3,4 to 4,0 mm for 2009.

In the words of Dr. Cornelius Patt, CEO and co-founder of zooplus AG: 'We
are proud of having achieved a record year in terms of sales and earnings
in 2008 and are optimistic to continue and improve upon this trend in 2009.
zooplus clearly now benefits from both its critical mass and market
leadership position. We consider ourselves very well positioned across all
of Europe.'

The full 2008 report will be published on April 16th 2009 and made
accessible under http://investors.zooplus.com/en/welcome

zooplus is a leading online retailer for pet products in Germany and Europe
and by its own estimate holds - with respect to overall online sales - a
leading position in all key European markets. zooplus offers products for
all standard breeds and races (including equine supplies) via websites in
Germany/Austria, UK, France, Holland, Belgium, Ireland, Italy, Spain and
Poland and also, via zooplus.com, in 6 other international markets.

Through its websites zooplus offers a wide range of pet products, i.e.
particularly pet food (dry and wet pet food, pet food supplements such as
chewing bones, snacks, etc) as well as pet accessories in a wide range of
prices and categories.

zooplus is a predominantly growth-oriented company. zooplus intends to
continue to grow aggressively in all its existing as well as new geographic
markets whilst at the same time continuously improve its earnings and
profitability levels over the coming years.

Online: http://investors.zooplus.com/en/welcome/

Contact Investor Relations:
cometis AG
Henryk Deter
Tel.: +49 (0)611-205855-13
Fax: +49 (0)611-205855-66
E-mail: deter@cometis.de

03.04.2009 Financial News transmitted by DGAP

Language: English
Issuer: zooplus AG
Sonnenstraße 15
80331 München
Deutschland
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
Listed: Freiverkehr in Stuttgart; Open Market (Entry Standard) in
Frankfurt

End of News DGAP News-Service

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