zooplus SE
zooplus AG: Total sales and earnings before taxes (EBT) significantly increased in 2014
zooplus AG / Key word(s): Final Results zooplus AG: Total sales and earnings before taxes (EBT) significantly increased in 2014
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.
Online at: www.zooplus.de
2015-03-25 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. Media archive at www.dgap-medientreff.de and www.dgap.de |
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@zooplus.com | |
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 |
337029 2015-03-25 |