DGAP-News: zooplus AG: Successful Business Year 2009 - Strong Growth Solidifies Market Leadership
(firmenpresse) - zooplus AG / Final Results
31.03.2010 08:01
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- Total sales up by 52% to EUR 129.7 mm
- EBIT excluding extraordinary items EUR 0.9 mm (previous year:
EUR 2.7 mm)
- New logistics centre in the Netherlands successfully established
- Record acquisition figures: 706k new customers
Munich, March 31st, 2010 - zooplus AG (WKN 511170, ISIN DE0005111702, ZO1)
today publishes its final results for FY 2009. Europe's leading internet
retailer for pet supplies continued its strong expansion in terms of total
sales (revenues and other operating revenues) in the reporting period. To
solidify and foster its leadership on the German and European markets, 2009
focused on dynamic growth and Europe-wide business development.
zooplus AG achieved total sales of EUR 129.7 mm during the past business
year. Compared to the figure of EUR 85.1 mm figure of the preceding year,
this represents a 52.4% increase. Revenues from the sale of online pet
supply sales amount to approximately EUR 123 mm while the remaining EUR 6
mm derive from other operating revenues.
At the same time the company recorded a EUR 0.7 mm decrease in Earnings
Before Interests and Taxes (EBIT) from the preceding year to EUR -1.3 mm.
The latter figure however contains one-off costs for establishing the
company's new logistics centre in Tilburg, the Netherlands, and expenses
related to the change of segment into the Prime Standard of the Frankfurt
stock exchange (total effect: EUR -2.2 mm). In addition, results for 2009
were influenced by increased marketing expenses for European expansion, by
the continuing weakness of the British Pound (GBP) and the economic
recession. In spite of these factors, operating income was positive with
EUR 0.9 mm before extraordinary costs and write-offs. For the current year
2010 zooplus does not expect to incur any further extraordinary
expenditures.
The group's net results decreased from the previous year's EUR 5.8 mm to
EUR -1.1 mm in 2009. In addition to the above mentioned factors, this is
owing to the effect of a non-recurrent revenue tax payment of EUR 5.1 mm
which was included as a positive item for 2008 net results. Overall 2009
earnings per non-diluted share are EUR -0.44 (previous year: EUR 2.41) and
per diluted share EUR -0.44 (previous year: 2.29).
Notwithstanding the challenging overall economic environment, zooplus AG in
2009 pursued a deliberate policy of strong anti-cyclical growth. This was
reflected by the increase in newly acquired customers by 706k in 2009 as
opposed to 472k for the preceding period, marking a new all-time high for
the company and highlighting the business model's potential even in a
difficult economic climate. Not only the German home market but the entire
western and central European space offers enormous growth opportunities for
zooplus - exploiting these remains the focus of the company's strategy.
Objectives for 2010 are further to strengthen market leadership in Germany,
while at the same time to achieve significant market penetration in all
large European core markets. The new logistics centre in Tilburg, the
Netherlands, which is operational since the fourth quarter, has an
important role in this connection. Beyond doubling annual logistics
capacity to EUR 300 mm sales, it will enable significant improvements in
delivery times and distribution costs in large markets such as France and
the UK, already in 2010.
Dr. Cornelius Patt, CEO and one of the founders of Zooplus sees 2009 in a
very positive light. 'We are very proud of the numerous milestones achieved
last year. By doubling our logistics capacity, upgrading to Prime Standard
and achieving extremely dynamic growth coupled with record new customers,
we pushed zooplus onto a bigger and truly international stage. This is
setting the tone for our strategy in the next couple of years. We are thus
very optimistic for the future, and are confident of achieving total
revenue growth of 35 to 40% to EUR 175 to 180 mm in 2010. At the same time,
we want to increase our earnings before taxes to a positive low-to-mid
single digit million euro figure.'
The complete Annual Report 2009 is available for download on the website
www.zooplus.de under 'Investor Relations'.
Company profile:
zooplus was founded in 1999 and has become Europe's leading online retailer
for pet products, measured by revenue figures and total sales. In 2009
these amounted to EUR 123.3 mm and EUR 129.7 mm respectively. Annual growth
exceeded 50% on average for the past three years. The company's profitable
business model has already successfully been introduced in 16 countries.
Zooplus is particularly strong in Germany, the UK, France, the Benelux
countries and Austria. Zooplus ships prouducts for all pets and also for
horses. The product range comprises in particular pet food (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 in a wide range of price
categories. In addition to the wide selection of over 7,000 products
zooplus customers benefit from online veterinary consultations. Pet lovers
enjoy exchanges with friends in the zooclub, the online community for pets.
Pet products represent a significant market segment of the European
consumer retail market. Revenues from pet food and accessories amounted to
EUR 17 billion in 2009. Based on the growing trend towards humanisation of
pets in western industrialised countries, pet owners are adapting their
purchasing behaviour in favour of more health and wellness products.
eCommerce in Europe is expected to enjoy sustained, strong growth in the
future.
Online: http://investors.zooplus.com/en/welcome/
Contact Investor Relations:
cometis AG
Henryk Deter / Dominic Großmann
Tel.: +49 (0)611-205855-15
Fax: +49 (0)611-205855-66
E-mail: grossmann(at)cometis.de
31.03.2010 08:01 Ad hoc announcement, Financial News and Media Release distributed by DGAP. Medienarchiv atwww.dgap-medientreff.deandwww.dgap.de---------------------------------------------------------------------------
Language: English
Company: zooplus AG
Sonnenstraße 15
80331 München
Deutschland
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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