News | Zooplus


Highs and lows

Zooplus board chairman Dr Cornelius Patt expects higher logistics costs and a possible drop in sales as a consequence of the coronavirus pandemic.

An increase of 14 per cent in sales to 1.524 bn euros, satisfactory earnings before interest, taxes, depreciation and amortisation (Ebitda) of 11.8 mio euros (2018: 8.6 mio euros), but much poorer earnings before taxes (EBT) to the tune of -15.9 mio euros compared with -2.3 mio euros the previous year. These are the highs and lows characterising the final figures for fiscal 2019 that have now been published by Zooplus, Europe's leading online retailer of pet products.

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.

|26 March 2020 | 13:17


Post a comment

* Please complete the areas marked in red correctly and in full!.

(will not be published)

* obligatory fields

Latest news

No Interzoo this year

Interzoo will not take place this year. The news was announced by Nürnbergmesse and the Wirtschaftsgemeinschaft Zoologischer Fachbetriebe (WZF) in a View news...

Growing pet food segment in times of Corona?

In its recently published U.S. Pet Market Outlook 2020-2021, the market research company Packaged Facts forecasts a 17 per cent decline in total U.S. View news...

Aquatlantis interrupts production

The coronavirus pandemic is also causing operational difficulties in Portugal, which are very difficult to manage. To ensure the well-being and View news...

Nestlé Purina acquires Lily’s Kitchen

Nestlé Purina Petcare has acquired natural pet food brand Lily's Kitchen, the UK's leading producer of premium wet and dry natural foods for dogs and View news...

PET worldwide | Service

PET worldwide Corona special

The Corona crisis and the Pet industry

All news, reports and information from the PET worldwide editorial team in connection with the corona epidemic at a glance. The pages are constantly updated. As the situation changes very quickly, please note the date and time of the respective publication.

CORONA special

Best Newcomer Award

Best Newcomer Award

Who is the Best Newcomer 2020 in the pet product business?

Register now

International Pet Conference


 Register now - save 300 €

PET retailers from D, A, CH

Update now!

PET Handel
The unique work on the German retail pet shops. Essential information for successful marketing, sales and field service activities. Loose-leaf collection incl. folders and database CD.
Order now


Get the latest news about the PET industry weekly per email.

Just register