DGAP-News: zooplus AG reports further total sales growth in first half-year 2011
(firmenpresse) - DGAP-News: zooplus AG / Key word(s): Half Year Results/Forecast
zooplus AG reports further total sales growth in first half-year 2011
20.07.2011 / 08:00
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- Logistics relaunch impacts growth dynamics in Q2 2011
- Total logistics capacity grows to more than EUR 400 million
Munich, July 20, 2011 - zooplus AG (WKN 511170, ISIN DE0005111702, Ticker
symbol ZO1), Europe's leading pet supplies online retailer, generated total
sales of around EUR 118.5 million in the first six months of the 2011
financial year on the basis of preliminary figures. Of these total sales,
around EUR 112.3 million were derived from sales generated by the online
sale of pet supplies, and a further EUR 6.2 million from other operating
income. As a consequence, sales were up by around 45% year-on-year, and
total sales increased by 39%.
In overall terms, zooplus AG's second quarter of 2011 was strongly
characterised by the migration of the German logistics centre from
Stauffenberg to the new main national and international logistics centre at
Hörselgau/Eisenach. This process proved significantly more complex and
cost-intensive than initially assumed. Along with the higher direct and
indirect costs that arose, the company was also unable to drive ahead with
its corporate growth to the full extent intended during Q2 2011.
Florian Seubert, CFO of zooplus AG, explained the negative effects on
overall growth in the second quarter of 2011: 'Due to the relaunch of our
main logistics operations we reported significantly weaker growth than
expected, particularly in April. We nevertheless succeeded in returning to
our growth path from May and June onwards.' He added: 'We are confident,
however, that we will also achieve the 2011 growth and earnings targets
which we have set for ourselves. Due to the difficult second quarter, we
expect that this will require an even more vigorous effort on our part.
Irrespective of this, the new logistics centre will have already become
fully operational from as early as the third quarter, which means that we
will again be positioned very well in terms of capacity.'
The new central logistics site at Hörselgau/Eisenach is an important
precondition for the company's further planned growth, and will boost
zooplus' annual logistics capacity from EUR 300 million to more than EUR
400 million.
zooplus AG will publish its complete report for the first six months of
2011 on August 22, 2011, and will make it available for downloading from
its website at www.zooplus.de, within the 'Investor Relations' area.
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. At the same time, the company generated
EBIT operating earnings of EUR 3.3 mm in 2010. 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 consultationsas 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)611-205855-25
Fax: +49 (0)611-205855-66
E-mail: eberle(at)cometis.de
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: contact(at)zooplus.com
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
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132552 20.07.2011
Datum: 20.07.2011 - 08:00 Uhr
Sprache: Deutsch
News-ID 34646
Anzahl Zeichen: 0
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Kategorie:
Business News
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