19.04.2018
zooplus AG DE0005111702
DGAP-News: zooplus AG: Sales increase 26% in the first quarter of 2018
DGAP-News: zooplus AG / Key word(s): Development of Sales/Preliminary
Results
zooplus AG: Sales increase 26% in the first quarter of 2018
19.04.2018 / 07:30
The issuer is solely responsible for the content of this announcement.
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zooplus AG: Sales increase 26% in the first quarter of 2018
* Sales rise to EUR 323 m in the first quarter of 2018 (Q1 2017: EUR 257
m)
* Double-digit growth in all 30 regional markets
* Company confirms full-year forecast for sales growth of 21-23%
Munich, April 19, 2018 - Based on preliminary figures, zooplus AG (WKN
511170, ISIN DE0005111702, ticker symbol ZO1), Europe's leading online
retailer of pet supplies, generated sales of EUR 323 m in the first quarter
of 2018, which is EUR 66 m higher year-on-year (Q1 2017: EUR 257 m),
corresponding to growth of 26%. Sales growth adjusted for currency effects
also reached 26%. Based on these results, zooplus was able to extend its
strong growth trend from the final quarter of the 2017 financial year into
the 2018 financial year. Double-digit growth rates were again achieved in
the first quarter of 2018 in all 30 regional markets, further solidifying
zooplus's position as the European market leader in online pet supplies.
The actions initiated in the second half of 2017 to expand business with new
and existing customers continued to have a positive effect in the first
quarter of 2018 in terms of accelerating the company's growth. The higher
sales were driven by a consistently strong degree of customer loyalty and a
marked increase in the number of registered new customers. The sales
retention rate adjusted for currency effects reached 94%, while the number
of registered new customers in the quarter increased by 28%.
Dr. Cornelius Patt, CEO of zooplus AG, in his comments on the development in
the first quarter of 2018, says: "Our investments to accelerate growth and
further improve the appeal of our product for our now more than 6 million
active customers are noticeably paying off. The 26% increase in sales in the
first quarter of 2018 shows a continuation in the good development at the
end of 2017. We will also remain consistently growth-oriented in the
quarters ahead."
The zooplus AG Management Board confirms its 2018 full-year forecast for
sales growth of 21% to 23%.
zooplus will publish the full report for first three months of the 2018
financial year on May 17, 2018, and make it 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
of pet supplies measured by sales. zooplus already occupies the No. 2 market
position in the combined market for online and brick-and-mortar retailers of
pet supplies. In the 2017 financial year, sales totalled EUR 1,111 m,
roughly 75% of which 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 26 bn. Based on
the continued vigorous growth anticipated in the European e-commerce market,
zooplus expects its dynamic performance to continue.
Online at: www.zooplus.com
Investor relations/media contact:
cometis AG
Georg Grießmann
Unter den Eichen 7
65195 Wiesbaden
Phone: +49 (0)611-205855-61
Fax: +49 (0)611-205855-66
Email: [email protected]
Website: www.cometis.de
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19.04.2018 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.
Archive at www.dgap.de
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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, Hamburg, Hanover,
Munich, Stuttgart, Tradegate Exchange
End of News DGAP News Service
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676197 19.04.2018
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