News | First quarter of 2021

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Zooplus accelerates growth

Zooplus saw a considerable rise in sales in the first quarter of this year, with a corresponding increase in the operations of its logistics arm.

Online retailer Zooplus increased its sales in the first quarter of 2021 by 16 per cent to 509 mio euros, with adjusted growth rising to 22 per cent. The company increased its gross profit margin from 29.4 per cent in the same period last year to 30.7 per cent this year. Earnings before interest, taxes, depreciation and amortisation (EBITDA) came to 24.5 mio euros in the first quarter as compared with 8.1 mio euros in 2020.

Zooplus attributes the increased pace of growth in the period under review primarily to its customer loyalty programme Subscribe & Save (sales up by 32 per cent) and its flourishing private label business (sales up by 34 per cent). 

Zooplus confirmed its forecast for the year as a whole, expecting to attain the mid- to upper level of its forecast range of between 2.04 bn and 2.14 bn euros.

|12 May 2021 | 13:10


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