19.09.2016
zooplus AG DE0005111702
DGAP-News: zooplus AG: zooplus Management Board members' contracts extended for further period of office
DGAP-News: zooplus AG / Key word(s): Contract
zooplus AG: zooplus Management Board members' contracts extended for further
period of office
19.09.2016 / 19:41
The issuer is solely responsible for the content of this announcement.
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zooplus AG: zooplus Management Board members' contracts extended for
further period of office
Munich, 19 September, 2016 - At its 15 September meeting, the Supervisory
Board of zooplus AG (WKN 511170, ISIN DE0005111702, ticker symbol ZO1)
extended the contracts of Management Board Chairman/CEO Dr. Cornelius Patt
and Management Board members Andrea Skersies and Andreas Grandinger for a
further period of office.
With this extension, the Supervisory Board is confirming the existing
Management Board's successful work and securing management continuity.
Co-founder and Management Board member of zooplus AG since 1999, Dr.
Cornelius Patt was appointed Chief Executive Officer in 2006. Under his
management, the company has developed from a Munich-based start-up to
today's leading pan-European e-commerce retailer for pet food and pet
products. Mrs. Skersies, with the company since 2000 and board member since
2005, has accompanied the company's successful development and growth with
responsibility for Sales & Marketing. Mr. Grandinger was appointed to the
Management Board in 2013, and has led the company's finance department
since then, as well as its purchasing function as of June 2015.
The company generated EUR 711 million of sales in 2015. For the financial
year 2016, zooplus is forecasting sales of at least EUR 900 million and EUR
14 to 18 million of earnings before taxes (EBT).
"We are very pleased that the Management Board consisting of Dr. Patt, Mrs.
Skersies and Mr. Grandinger will take on their respective functions for a
further period of office," comments Supervisory Board Chairman Christian
Stahl. "Having established a very strong market position in European e-
commerce in the pet category, our focus is on continuing the tried and
tested growth path - while optimising our key financials in the process."
Company profile:
zooplus AG was founded in 1999 and today is Europe's leading online
retailer for pet supplies, when measured by sales. Sales totalled EUR 711
million in the 2015 financial year, of which around 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
Tel: +49 (0)611-205855-22
Fax: +49 (0)611-205855-66
Mail: [email protected]
Web: www.cometis.de
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19.09.2016 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, Stuttgart,
Tradegate Exchange
End of News DGAP News Service
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503239 19.09.2016
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