DGAP-News
zooplus AG makes a successful start to 2014 with accelerated growth
DGAP-News: zooplus AG / Key word(s): Quarter Results/Preliminary
Results
zooplus AG makes a successful start to 2014 with accelerated growth
24.04.2014 / 07:32
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- Total sales rise 30% to EUR 126.1 m (previous year: EUR 97.0 m)
- Substantial acceleration in growth in first quarter 2014
- Jürgen Vedie (Chief Operating Officer, COO) appointed as an additional
Management Board member
Munich, April 24, 2014 - zooplus AG (WKN 511170, ISIN DE0005111702, ticker
symbol ZO1), Europe's leading online retailer of pet supplies, was able to
accelerate the growth in its total sales in the first quarter 2014
following a successful financial year 2013. In the first three months of
the financial year 2014, the Group increased total sales by 30% to EUR
126.1 m (Q1 2013: EUR 97.0 m) according to preliminary figures. Total sales
comprise sales and other income. In terms of sales, the Group generated
growth of 30% to EUR 120.6 m (Q1 2013: EUR 92.8 m). Other income was up by
31% to EUR 5.5 m and was therefore also clearly ahead of previous year's
level (Q1 2013: EUR 4.2 m).
Dr. Cornelius Patt, CEO of zooplus AG, is very pleased with the start made
to the financial year 2014: "Despite a competitive environment, we were
able to increase the growth in our total sales in the first quarter by 30%.
As a result, we are up on the growth rate of the financial year 2013 of 27%
and substantially above the rise of around 23% recorded in Q4 2013. This
once again demonstrates the systematic implementation of our growth
strategy and the strong acceptance of our business model among our
customers."
In order to highlight the importance of supply chain management for the
current and future success of zooplus AG and boost the company further in
this area, zooplus AG has extended its Management Board to include Jürgen
Vedie (44) as its fourth member, effective as of April 1, 2014. As Chief
Operating Officer (COO), Mr. Vedie will be responsible for supply chain
management, logistics, warehousing and distribution. Mr. Vedie has been
working in the aforementioned fields for zooplus AG since 2012 and is able
to draw on outstanding experience in operations and retailing. Substantial
efficiency improvements were achieved in logistics operations under his
guidance. Before joining zooplus AG, he was most recently active as a
managing director within the WMF Group.
The complete report for the first three months of 2014 will be published by
zooplus AG on May 20, 2014 and made available for download at
- Total sales rise 30% to EUR 126.1 m (previous year: EUR 97.0 m)
- Substantial acceleration in growth in first quarter 2014
- Jürgen Vedie (Chief Operating Officer, COO) appointed as an additional
Management Board member
Munich, April 24, 2014 - zooplus AG (WKN 511170, ISIN DE0005111702, ticker
symbol ZO1), Europe's leading online retailer of pet supplies, was able to
accelerate the growth in its total sales in the first quarter 2014
following a successful financial year 2013. In the first three months of
the financial year 2014, the Group increased total sales by 30% to EUR
126.1 m (Q1 2013: EUR 97.0 m) according to preliminary figures. Total sales
comprise sales and other income. In terms of sales, the Group generated
growth of 30% to EUR 120.6 m (Q1 2013: EUR 92.8 m). Other income was up by
31% to EUR 5.5 m and was therefore also clearly ahead of previous year's
level (Q1 2013: EUR 4.2 m).
Dr. Cornelius Patt, CEO of zooplus AG, is very pleased with the start made
to the financial year 2014: "Despite a competitive environment, we were
able to increase the growth in our total sales in the first quarter by 30%.
As a result, we are up on the growth rate of the financial year 2013 of 27%
and substantially above the rise of around 23% recorded in Q4 2013. This
once again demonstrates the systematic implementation of our growth
strategy and the strong acceptance of our business model among our
customers."
In order to highlight the importance of supply chain management for the
current and future success of zooplus AG and boost the company further in
this area, zooplus AG has extended its Management Board to include Jürgen
Vedie (44) as its fourth member, effective as of April 1, 2014. As Chief
Operating Officer (COO), Mr. Vedie will be responsible for supply chain
management, logistics, warehousing and distribution. Mr. Vedie has been
working in the aforementioned fields for zooplus AG since 2012 and is able
to draw on outstanding experience in operations and retailing. Substantial
efficiency improvements were achieved in logistics operations under his
guidance. Before joining zooplus AG, he was most recently active as a
managing director within the WMF Group.
The complete report for the first three months of 2014 will be published by
zooplus AG on May 20, 2014 and made available for download at
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