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zooplus SE — Earnings Release 2010
May 27, 2010
502_rns_2010-05-27_58158c3a-16e1-4a62-8503-99ebb16dadaf.html
Earnings Release
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Corporate | 27 May 2010 07:57
zooplus expands strongly during Q1 2010
zooplus AG / Quarter Results
27.05.2010 07:57
Dissemination of a Corporate News, transmitted by
DGAP - a company of EquityStory AG.
The issuer / publisher is solely responsible for the content of this announcement.
- Total sales up 40% to EUR 39.8 mm
- EBIT at EUR 0.3 mm (previous year: EUR 0.4 mm)
- Net profit despite extra costs of newly opened EU logistics hub
- Confirmation of positive outlook for FY 2010
Munich, May 27th, 2010 - zooplus AG (WKN 511170, ISIN DE0005111702, ZO1),
Europe's leading internet retailer for pet supplies, has shown a strong
overall increase in total sales (sales and other operating income) during
the first three months of the year. At the same time, the company managed
to achieve a positive net result despite opening up its new international
logistics hub (Tilburg / The Netherlands) with a resulting hike in its
fixed cost base during the quarter.
Total sales of EUR 39.8 mm were up 40% y-o-y from EUR 28.5 mm during 3M
2009. Total sales during the first three months of the year consisted of
EUR 37.4 mm of retail sales and another EUR 2.4 mm in other operating
income.
The company's EBIT of EUR 0.3 mm was mostly unchanged from EUR 0.4 mm
during 3M 2009 despite incurring additional fixed costs in relation with
the opening of its new international logistics hub. The latter will help to
expand and effectively double the company's total capacity to EUR 300 mm in
annual sales. Net profit was down only slightly from EUR 0.2 mm to EUR 0.1
mm, resulting in profits per share of EUR 0.05 (versus EUR 0.08 during 3M
2009).
Benefitting from a much higher visibility into 2010 zooplus reiterates its
2010 forecast: Independent of the current economic climate the company
expects to increase total sales by 35%-40% to a range of EUR 175 mm and EUR
180 mm (up from EUR 130 mm during 2009) on the back of positive earnings
within a low to medium single digit EUR mm range.
In the words of Dr. Cornelius Patt, CEO and Co-Founder of the company:
'During the first three months of the year we have successfully focused on
our aggressive growth strategy. With our new international logistics hub we
are right on track for further expansion of our European footprint. We
expect this dynamic to continue well into the next few quarters.'
zooplus will publish its full financial report for the first three months
of 2010 on May 31st, 2010. It will be available for download at
http://investors.zooplus.com/en/welcome
Contact Investor Relations:
cometis AG
Henryk Deter / Dominic Großmann
Tel.: +49 (0)611-205855-15
Fax: +49 (0)611-205855-66
E-mail: [email protected]
27.05.2010 Ad hoc announcement, Financial News and Media Release distributed by DGAP.
Media archive at www.dgap-medientreff.de and www.dgap.de
Language: English
Company: zooplus AG
Sonnenstraße 15
80331 München
Deutschland
Phone: +49 (0)89 95 006 - 100
Fax: +49 (0)89 95 006 - 500
E-mail: [email protected]
Internet: www.zooplus.de
ISIN: DE0005111702
WKN: 511170
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, Stuttgart
End of News DGAP News-Service