25.03.2015
zooplus AG DE0005111702
DGAP-News: zooplus AG: Total sales and earnings before taxes (EBT) significantly increased in 2014
DGAP-News: zooplus AG / Key word(s): Final Results
zooplus AG: Total sales and earnings before taxes (EBT) significantly
increased in 2014
25.03.2015 / 07:30
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zooplus AG: Total sales and earnings before taxes (EBT) significantly
increased in 2014
- Positive development in new and existing customer business leads to
34% increase in total sales to EUR 570.9 million
- Earnings before taxes (EBT) rise 132% to EUR 8.8 million (previous
year: EUR 3.8 million)
- Pre-tax return on total sales of 4% in existing customer business
- Further vigorous growth forecast for 2015: Total sales of around EUR
700 million, EBT between EUR 8 million and EUR 12 million
Munich, March 25, 2015 - zooplus AG (WKN 511170, ISIN DE0005111702, ticker
symbol ZO1), Europe's leading online retailer for pet supplies, has
confirmed its very positive sales and earnings performance in the past
financial year on the basis of the final figures for 2014. The sharp 34%
rise in total sales to EUR 570.9 million (previous year: EUR 426.9 million)
resulted from very positive development with new and existing customers in
all markets. At the same time, earnings before taxes (EBT) were increased
by 132% from EUR 3.8 million to EUR 8.8 million.
Further significant progress was achieved with regard to overall
efficiency. Total costs for marketing, logistics, personnel and
administration, depreciation and amortization, and interest were cut by 4
percentage points year on year to 29.6% of total sales (previous year:
33.6%) and thus fell below the 30% mark for the very first time in 2014.
This development was primarily due to the improved efficiency of marketing
and logistics and economies of scale in personnel and administrative costs.
Dr. Cornelius Patt, CEO of zooplus AG, explains further: "Our business grew
faster in 2014 than in the year before. The development of existing
customer business, which makes up around two thirds of our sales, was
particularly pleasing. It grew by 36% last year and reached customer
loyalty of 91% in terms of sales. Based on our internal figures we achieved
EBT of EUR 15 million with existing customer business in 2014, which
equates to a pre-tax return on total sales of 4%. At the same time, we
acquired a total of 1.8 million new customers in 2014, which generated
sales of EUR 174 million. We invested EUR 6 million in new customer
business, whereby EBT totaled EUR 8.8 million in 2014."
The positive overall result and the capital increase in November 2014 led
to a much higher equity ratio of 62.2% as of December 31, 2014 (December
31, 2013: 43.9%). Equity was EUR 86.2 million as of the 2014 reporting date
(December 31, 2013: EUR 36.7 million). This was also the main reason for
the increase in total assets to EUR 138.6 million (December 31, 2013: EUR
83.7 million). Operating cash flow was positive, reaching EUR 2.8 million
(previous year: EUR -3.5 million).
Dr. Cornelius Patt describes the outlook for 2015: "With our defined
targets of total sales of around EUR 700 million and EBT of between EUR 8
million and EUR 12 million, we will build on our position in the overall
market for pet supplies. At the same time, we will combine further
ambitious sales growth with another improvement in earnings."
zooplus will make its 2014 Annual Report available for download at
http://investors.zooplus.com during the course of the day.
Company profile:
zooplus was founded in 1999 and is now Europe's leading online retailer for
pet supplies in terms of sales and total sales. In the 2014 financial year,
the latter totaled around EUR 571 million. The company's business model has
so far been launched successfully in 28 European countries. zooplus sells
products for all major pet types. In particular, its 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. As well as
a selection of over 8,000 products, zooplus customers also benefit from a
variety of interactive content and community offerings. The pet supplies
market is an important segment in the European retail landscape. Sales of
pet food and accessories within the European Union amount to around EUR 25
billion. Because further vigorous growth is anticipated in the European
e-commerce market, zooplus is expecting its dynamic performance to
continue.
Online at: www.zooplus.de
Investor relations/media contact:
Rolf Becker
cometis AG
Unter den Eichen 7
65195 Wiesbaden
Phone: +49 (0)611-205855-40
Fax: +49 (0)611-205855-66
E-mail: [email protected]
Web: www.cometis.de
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25.03.2015 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.
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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
End of News DGAP News-Service
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337029 25.03.2015
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