For the current financial year, which is likely to be severely impacted by the coronavirus crisis, Zooplus expects growth performance in the range of last year, thus in the order of around 180 mio euros. "In the e-commerce sphere we are expecting less disruption than in classic forms of distribution," says board chairman Dr Cornelius Patt. Although he expects to benefit from the continuing steady demand in the pet supplies sector during the pandemic, it cannot be ruled out that even his company will have to bear the brunt of higher logistics costs and a loss in sales in the next few months.
The supervisory board of Zooplus AG has decided in the meantime to extend the contract of co-founder and board chairman Dr Cornelius Patt for a further term of three years, starting on 1 January 2021.