Zooplus AG Provides Earnings Guidance for the Fourth Quarter and Full Year of 2012 and Full Year of 2013
November 12, 2012
Share
Zooplus AG provided earnings guidance for the fourth quarter and full year of 2012 and full year of 2013. For the fourth quarter, the company expects potential total sales in excess of EUR 330 million for the full year. The company also expecting a neutral operating earnings result for the fourth quarter of 2012.
For the year 2012, the company expected an increase in total sales from EUR 257 million to at least EUR 320 million for the financial year 2012. For a significant increase in total sales to substantially over EUR 320 million, the company would make additional investments in particular in customer acquisition, cost of goods sold and logistics, and would accept the resultant temporary reduction in EBITDA up to a maximum of negative 1 % of total sales (on a full year basis), which this might have.
For the year 2013, the company expects a further increase in total sales to at least EUR 400 million on the basis of a balanced to positive operating result (EBITDA) for the year 2013.
Zooplus AG, also known as zooplus.de, is a Germany-based retailer of pet supplies. The Company markets products mainly through their online stores. It offers over approximately 8000 products, including dry and wet pet food and food supplements, accessories, including toys, care products, and hygiene products, scratching posts, dog baskets. The Company sells food and accessories for dogs, cats, small animals, birds, reptiles, fish and horses and delivers the goods to approximately20 countries. It also provides a range of free content and information accessible through Websites, such as veterinary and other animal-related advice, as well as interactive features, such as discussion forums and blogs.