DGAP-News

SHOP APOTHEKE EUROPE: Strong Start into 2021 with 22.4% Sales Growth and 2.0% adj. EBITDA Margin. - Seite 3

Q1 sales for the International segment - which consists of SHOP APOTHEKE EUROPE's business activities in Belgium, France, Italy and the Netherlands - increased by 71.2%, from EUR 31.2 million last year to EUR 53.3 million. Gross profit rose by 73.4% to EUR 14.3 million with the gross margin at 26.8%, 0.4 pp higher than last year's 26.4%. Adjusted EBITDA for the International segment stood at EUR -4.5 million after EUR -2.0 million last year.

Jasper Eenhorst, CFO of SHOP APOTHEKE EUROPE: "We concluded two important strategic acquisitions and achieved a positive adjusted EBITDA margin on previous year's level of 2% in Q1. The concurrent operation of two logistics facilities impacts our earnings in the first six to nine months of this year, but provides us with the necessary capacity for our ambitions. Once again, our consistent customer focus has paid off: While growing fast, our customer Net Promotor Score increased to 71, showing a continued high level of customer loyalty."

For the full-year 2021, the Management Board of SHOP APOTHEKE EUROPE expects sales growth of around 20% or more and an adjusted EBITDA margin in the range of 2.3% to 2.8% (2020: 2.2%).

The Q1 Interim Report can be downloaded on SHOP APOTHEKE EUROPE's Corporate Website www.shop-apotheke-europe.com in the Investor Relations section. For definitions of non-IFRS terms, please refer to the glossary of the Annual Report 2020 (pages 146 and 147).
 

ABOUT SHOP APOTHEKE EUROPE.

SHOP APOTHEKE EUROPE is one of Europe's leading and fastest-growing online pharmacies, currently operating in Germany, Austria, France, Belgium, Italy, the Netherlands and Switzerland.

Headquartered in the Dutch logistics hub of Sevenum near Venlo with locations in Cologne, Berlin, Munich, Warsaw, Milan, Paris and Tongeren, SHOP APOTHEKE EUROPE offers its customers a broad range of more than 100,000 original products at attractive prices: OTC, beauty and personal care products as well as prescription drugs, supplemented by high quality natural food and health products, low carb products and sports nutrition. Currently, more than 6.8 million active customers trust SHOP APOTHEKE EUROPE.