zooplus starts into 2010 with further strong growth
The company is very pleased with its start into the new business year, and continues the dynamic development of its Europewide market leadership. Florian Seubert, Chief Financial Officer of zooplus, reaffirms the company's targets for 2010: "With our ongoing highgrowth rate we succeeded in strengthening our market penetration and market share. We are fully on track for strongly dynamic and profitable growth in 2010."
zooplus will publish its full financial report for the first three months of 2010 on May 31st, 2010. It will be available for download at http://investors.zooplus.com/en/welcome
zooplus was founded in 1999 and has become Europe's leading online retailer for pet products, measured by revenue and total sales. In 2009 the latter amounted to EUR 129.7 mm. Average annual growth exceeded 50% for the past three years. The company's profitable business model has already successfully been introduced in 16 countries. zooplus is particularly strong in Germany, the UK, France, the Benelux countries and Austria. zooplus ships products for all pet varieties as well as equine supplies. The product range comprises in particular pet food (dry and wet pet foods, pet food supplements such as chewing bones and snacks) as well as pet accessories such as cat trees and toys over a wide range of price categories. In addition to a wide selection of over 7,000 products zooplus customers benefit from online veterinary consultations as well as a number of other interactive features. Pet products represent a significant market segment of the European consumer retail space. Overall revenues from pet food and accessories amounted to EUR 18 billion in 2009 within the European Union. Based on the growing trend towards humanisation of pets in western industrialised countries, pet owners are adapting their purchasing behavior in favor of more health and wellness products. eCommerce in Europe is expected to enjoy sustained, strong growth in the future.