26.01.2017
zooplus AG DE0005111702
DGAP-News: zooplus AG: Sales increase 28% to EUR 908 million in 2016
DGAP-News: zooplus AG / Key word(s): Final Results/Preliminary Results
zooplus AG: Sales increase 28% to EUR 908 million in 2016
26.01.2017 / 07:29
The issuer is solely responsible for the content of this announcement.
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zooplus AG: Sales increase 28% to EUR 908 million in 2016
- Company significantly exceeds original full-year sales target of at
least EUR 875 million
- All 30 regional markets achieve double-digit sales growth
- Sales exceed EUR 250 million in a single quarter for the first time in
Q4 2016
- Sales of at least EUR 1,125 million forecasted for 2017
Munich, January 26, 2017 - According to the company's preliminary figures,
zooplus AG (WKN 511170, ISIN DE0005111702, ticker symbol ZO1), Europe's
leading online retailer of pet supplies, continued its path of strong
growth achieving sales of EUR 908 million in the 2016 financial year and
clearly exceeding its original full-year forecast of at least EUR 875
million. Sales grew 28% year-on-year (2015: EUR 711 million) with currency-
adjusted growth almost 2 percentage points higher. All 30 regional markets
once again achieved double-digit growth rates, whereby growth in Great
Britain was below expectations due to the depreciation in the British pound
versus the euro.
Sales in the pet food segment, an area particularly important for
sustainable growth, increased 31% year-on-year, bringing the percentage
share of pet food sales up to a total of 82% (2015: 80%). With an
acceleration in the year-on-year growth rate in new customer business to
26% (2015: 16%) and a high growth rate of 29% in existing customer
business, both customer groups contributed to the company's sustainable
growth. The solid quality of new customers and the high loyalty of existing
customers in 2016 are also reflected by the rise in the sales retention
rate which, at 92%, again reached a very high level and was below the prior
year (2015: 94%) solely due to exchange rates.
Dr. Cornelius Patt, CEO of zooplus AG, commented on the company's
successful business performance in 2016: "Since the previous year, we have
expanded our active customer base from 4.0 million customers to over 4.8
million and increased sales by nearly EUR 200 million to a total of EUR 908
million. A growing number of customers are recognizing the advantages of
online shopping and a saturation in this market is currently nowhere in
sight. This is also reflected by the year-on-year rise in the growth rate
in business with new customers. We continued to systematically implement
our growth strategy throughout Europe in 2016 and, in the fourth quarter
alone, we were able to generate record sales of more than EUR 250 million
in a single quarter for the first time. We also successfully started
operations at our new logistics center in Antwerp. Together, these factors
provide us a solid basis for the year 2017. Our goal is to continue to grow
steadily in 2017 and exceed the EUR 1 billion threshold in sales for the
first time. This will allow us to significantly enhance the strong market
position we have already achieved."
The zooplus AG Management Board is forecasting sales of at least EUR 1,125
million in the 2017 financial year. zooplus will report its final results
for the 2016 financial year and complete forecast for the 2017 financial
year when it publishes its consolidated financial statements on March 23,
2017. The annual report will be made available on the company's website at
http://investors.zooplus.com.
Company profile:
zooplus AG was founded in 1999 and today is Europe's leading online
retailer for pet supplies measured by sales. Based on preliminary figures,
sales totaled EUR 908 million in the 2016 financial year, of which roughly
70% was generated internationally. The company's business model has been
launched successfully in 30 European countries. zooplus sells products for
all major pet breeds. The product range includes pet food (dry and wet food
and food supplements) and accessories such as scratching posts, dog
baskets, and toys in all price categories. In addition to a selection of
over 8,000 products, zooplus customers benefit from a variety of
interactive content and community offerings. The pet supplies market is an
important market segment in the European retail landscape. Sales of pet
food and accessories within the European Union amount to around EUR 25
billion. Based on the further vigorous growth anticipated in the European
e-commerce market, zooplus expects its dynamic performance to continue.
Online at: www.zooplus.de
Investor relations/media contact:
cometis AG
Maximilian Breuer
Unter den Eichen 7
65195 Wiesbaden
Phone: +49 (0)611-205855-22
Fax: +49 (0)611-205855-66
Email: [email protected]
Website: www.cometis.de
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26.01.2017 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
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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
Indices: SDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Stuttgart,
Tradegate Exchange
End of News DGAP News Service
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