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zooplus SE — Earnings Release 2011
Oct 20, 2011
502_rns_2011-10-20_23ecb749-1e99-4442-bdd3-8c9dfcdb9934.html
Earnings Release
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News Details
Corporate | 20 October 2011 07:59
zooplus AG generates strong growth in Q3 2011
zooplus AG / Key word(s): Quarter Results/Development of Sales
20.10.2011 / 07:59
- Total sales up 37% to EUR 185.0 million in the first nine months of 2011
(previous year: EUR 135.3 million) - Strong Q3 2011: Total sales increase by 14% over Q2 2011
- New logistics infrastructure enables growth to over EUR 400 million p.a.
Munich, October 20, 2011 - zooplus AG (WKN 511170, ISIN DE0005111702,
Ticker symbol ZO1), Europe's leading pet supplies online retailer,
generated total sales of around EUR 185.0 million in the first nine months
of 2011 according to preliminary figures. This amount consists of sales
from the online retail of pet supplies totalling EUR 176.4 million as well
as other operating income of EUR 8.6 million. Year-on-year, sales were up
by around 43% and total sales by approximately 37%.
Between the second and the third quarter 2011, the company was able to
achieve a substantial 14% increase in both sales and total sales. This
clearly shows that the company's temporary dip in growth on the back of its
logistics migration has now been overcome. The newly launched international
logistics centre enables zooplus to generate annual sales in excess of EUR
400 million. As a result, the company has an outstanding platform for
realising the dynamic growth it is aiming to achieve over the coming years.
Dr. Cornelius Patt, CEO of zooplus AG, is pleased with the company's
development in the third quarter: 'After completing the major undertaking
of migrating our logistics operations, we were able to shift our focus back
to growth during Q3 2011. The path is set for further European expansion.'
The complete report for the first nine months of 2011 will be available for
download from the website www.zooplus.de in the 'Investor Relations' area
as of November 18, 2011.
Company profile:
zooplus was founded in 1999 and has established itself as Europe's leading
online retailer for pet products, measured by sales and other income. In
2010, total sales amounted to EUR 194 mm and, therefore, have increased
fivefold during the last 5 years. The company's business model has already
been introduced successfully in 18 countries. zooplus offers products for
all pet varieties. Its product range comprises foods (dry and wet pet
foods, pet food supplements such as chewing bones and snacks) as well as
pet accessories (such as cat trees and toys) over a wide range of
categories. In addition to a broad selection of over 7,000 products,
zooplus customers benefit from online veterinary consultations as well as a
number of other interactive features. Pet products represent a significant
market segment of the European consumer retail space. Overall revenues from
pet food and accessories amounted to EUR 19 billion within the European
Union in 2010 alone. Based on the growing trend towards humanization of
pets in western industrialized countries, pet owners are adapting their
purchasing behaviour in favour of health, wellness and other premium
products. In addition, European eCommerce is expected to enjoy sustained,
strong growth in the years to come. zooplus expects a continuation of the
company's dynamic growth.
Online: http://investors.zooplus.com/en/welcome/
Contact Investor Relations:
cometis AG
Dominic Großmann / Tobias Eberle
Tel.: +49 (0)611-205855-15
Fax: +49 (0)611-205855-66
E-mail: [email protected]
End of Corporate News
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Language: English
Company: zooplus AG
Sonnenstraße 15
80331 München
Germany
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
142803 20.10.2011