DGAP-News: zooplus with strong growth and positive earnings in Q2/2013

ID: 1255691
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(businesspress24) - DGAP-News: zooplus AG / Key word(s): Half Year Results/Miscellaneous
zooplus with strong growth and positive earnings in Q2/2013

19.08.2013 / 07:26


- 31% growth in sales and total sales during the first half of the year,
29% y-o-y growth in the second quarter
- Positive Q2/2013 earnings before interest, taxes, depreciation and
amortization (EBITDA) of EUR 0.5 m (Q2/2012: EUR -0.9 m)
- Positive second quarter earnings before taxes (EBT) of EUR 0.2 m versus
EUR -1.1 m during Q2/2012
- Successful phase-in of the new logistics center in Wroclaw, Poland

Munich, August 19, 2013 - zooplus AG (WKN 511170, ISIN DE0005111702, ticker
symbol ZO1), Europe's leading online retailer of pet supplies, generated
total sales of EUR 198.8 m (H1/2012: EUR 152.3 m) in the first half of 2013
according to its final figures. Total sales grew to EUR 101.8 m in the
second quarter (Q2/2012: EUR 78.8 m). This represents an increase of 31%
and 29% respectively over the previous year periods. Total sales consist of
sales and other income. H1/2013 sales rose to EUR 190.2 m (H1/2012: EUR
145.5 m), while other income increased to EUR 8.6 m (H1/2012: EUR 6.8 m).
At the same time, the company's positive growth dynamic came on top of a
substantial and positive earnings development.

In the second quarter, zooplus AG recorded a positive EBITDA of EUR 0.5 m
(Q2/2012: EUR -0.9 m). On the basis of the first six months, EBITDA was
balanced at EUR 0.0 m (H1/2012: EUR -0.5 m). EBT also followed a positive
trend and came in at EUR 0.2 m during the second quarter (Q2/2012: EUR -1.1
m). For the first six months of 2013, the corresponding figure came in at
EUR -0.5 m (H1/2012: EUR -0.9 m).

Total assets of the zooplus group stood at EUR 74.3 m as of June 30, 2013
(December 31, 2012: EUR 65.4 m). This rise particularly reflects the

increase in inventories as a result of the initial stocking of the new
Polish logistics center as well as a corresponding rise in prepayments. As
of June 30, 2013, zooplus AG's equity totaled EUR 33.9 m (December 31,
2012: EUR 33.9 m). With an equity ratio of 45.6%, the Group still shows an
overall equity level which is substantially up on its target corridor of

Operating cash flow in the first half of 2013 came in at EUR -6.3 m
(H1/2012: EUR 0.4 m). This is mainly attributable to an increase in
inventories, advanced payments made as well as a strong reduction in trade
payables based on specific factors related to the particular balance sheet
calendar date. Cash flow from investing activities amounted to EUR -2.6 m
(H1/2012: EUR -0.2 m) resulting from a one-off license payments for new IT
systems. Cash flow from financing activities came in at EUR 10.8 m
(H1/2012: EUR -16.0 m).

Dr. Cornelius Patt, CEO of zooplus AG, shows himself highly pleased with
the business' development during the first half of the year: 'zooplus'
reliably delivered sales increases as well as our positive earnings
momentum underscore the sustainability and efficiency of our growth
strategy. We can, therefore, assume that our full year targets - total
sales in excess of EUR 400 m and a positive low single-digit million EBITDA
- will be reached as planned.'

The half-year report H1/2013 will be made available for download at
investors.zooplus.com during the course of the day.

Company profile:
zooplus was founded in 1999 and has established itself asEurope's leading
online retailer for pet products, measured by sales and total sales. In
2012, the latter amounted to EUR 336 m and has therefore increased six-fold
since 2007. The company's business model has already been introduced
successfully in 24 European countries. zooplus offers products for all pet
varieties. Its product range comprises foods (dry and wet pet foods as well
as pet food supplements) and pet accessories (such as cat trees, dog
baskets and toys) in all price categories. In addition to a selection of
over 8,000 products, zooplus customers benefit from a range of interactive
online content and community features. Pet supplies is a key market segment
within the European retail landscape. In 2011, sales of more than EUR 22 bn
were recorded within the pet supplies industry in the European Union. The
ongoing 'humanization' of pets in key industrialized countries means that
pet owners' purchasing behavior is undergoing profound change and moving
towards healthcare, wellness and other related premium products. In
addition, continued strong growth is expected for eCommerce in Europe per
se. zooplus is therefore anticipating continued dynamic growth for the

Online at: www.zooplus.de

Investor relations / media contact:
Dirk Ulmer
cometis AG
Unter den Eichen 7
65195 Wiesbaden
Phone: +49 (0)611-205855-24
Fax: +49 (0)611-205855-66
Web: http://www.cometis.de/

End of Corporate News


19.08.2013 Dissemination of a Corporate News, transmitted by DGAP - a
company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de


Language: English
Company: zooplus AG
Sonnenstraße 15
80331 München
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
Indices: SDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Stuttgart

End of News DGAP News-Service
226291 19.08.2013

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Date: 08/19/2013 - 01:26
Language: English
News-ID 1255691
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Firma: zooplus AG
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