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DGAP-News: SHOP APOTHEKE EUROPE N.V.
/ Key word(s): Development of Sales/Preliminary Results
NOT FOR RELEASE OR DISTRIBUTION IN THE USA, CANADA, AUSTRALIA OR JAPAN. SHOP APOTHEKE EUROPE: Growth accelerated to 33% in Q1, revenues up to EUR 232 million.
Venlo, 3 April 2020. SHOP APOTHEKE EUROPE N.V. started the 2020 financial year with significant revenue growth. After a very good start into the year in January and February, additional demand induced by the Covid-19 pandemic in March further accelerated growth. Overall, sales at Group level increased by 33% to preliminary EUR 232 million in the first quarter after EUR 175 million in Q1 2019. In the DACH segment (Germany, Austria, Switzerland), SHOP APOTHEKE EUROPE increased its revenues by 29.7% compared to the corresponding period of the previous year. Revenues amounted to EUR 201 million after EUR 155.0 million in the first quarter of 2019. In the International segment, which includes activities in France, Belgium, the Netherlands and Italy, SHOP APOTHEKE EUROPE increased its business in the first quarter of 2020 by 58.6% to EUR 31 million compared to EUR 19.6 million in Q1 2019. Overall, prescription business (Rx) increased by 23% versus Q1 2019. New online doctor service. Jasper Eenhorst, CFO of SHOP APOTHEKE EUROPE, says: "According to current estimates, the increase in sales in the first quarter with 33%, which was entirely the result of organic growth, is bigger than originally planned. The higher sales will also have a positive impact on our operating profit in Q1. Based on what we know today, we adjust the full-year growth forecast for 2020 from around 20% to at least 20%, and we reaffirm our outlook of breaking even on adjusted EBITDA level this year." With the ongoing construction of the new distribution facility in Venlo, SHOP APOTHEKE EUROPE will more than double its capacity and will therefore be well prepared to meet the growing demand expected over the coming years. All published figures are preliminary and unaudited. SHOP APOTHEKE EUROPE will release the full interim report for the first quarter of 2020 on May 14, 2020. ABOUT SHOP APOTHEKE EUROPE. SHOP APOTHEKE EUROPE is one of the leading and the fastest-growing online pharmacies in Continental Europe. With the acquisition of Europa Apotheek Venlo in November 2017, SHOP APOTHEKE EUROPE significantly extended its European market leadership. The product range for the whole family in the OTC, beauty and personal care products as well as prescription drugs segments is supplemented by high quality natural food and health products, low carb products and sports nutrition following the acquisition of nu3 GmbH in July 2018. SHOP APOTHEKE EUROPE already operates online pharmacies in Germany, Austria, France, Belgium, Italy, the Netherlands and Switzerland. SHOP APOTHEKE EUROPE delivers a broad range of more than 100,000 original products to 5 million active customers fast and at attractive prices. In addition, SHOP APOTHEKE EUROPE provides comprehensive pharmaceutical consulting services. SHOP APOTHEKE EUROPE N.V. has been listed on the regulated market of the Frankfurt Stock Exchange (Prime Standard) since 13 October 2016 and is part of the SDAX index since 24 September 2018. In addition to being traded on the Frankfurt stock exchange, SHOP APOTHEKE EUROPE'S convertible bonds (ISIN: DE000A19Y072) are also tradeable on the Dutch Euronext stock exchange, which operates the stock exchanges in Paris, Amsterdam, Brussels and Lisbon. Â MEDIA CONTACTS. Trade and popular media: Financial media: Investor relations: Thomas Schnorrenberg DISCLAIMER. This publication constitutes an advertisement. This announcement does not constitute an offer for sale or a solicitation of an offer to purchase securities of SHOP APOTHEKE EUROPE N.V. in any jurisdiction. It does not constitute a securities prospectus. A public offer of securities of SHOP APOTHEKE EUROPE N.V. is not taking place. Statements contained herein could constitute so-called "forward-looking statements". Forward-looking statements can be recognized by words such as "might," "will," "should," "plans," "anticipates," "anticipates," "estimates," "believes," "intends," "aims," "aim" or their negative form or corresponding modifications and comparable terms. Forward-looking statements are based on current expectations and involve a number of known and unknown risks, uncertainties and other factors that could cause the actual results, levels of utilization, developments and achievements of the Group or industry in which it operates to be materially different than those contained herein or implied. There should be no undue reliance on forward-looking statements. The Group will not update or revise any forward-looking statements contained herein, whether as a result of new information, future events or otherwise.
03.04.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
| Language: | English |
| Company: | SHOP APOTHEKE EUROPE N.V. |
| Dirk Hartogweg 14 | |
| 5928 LV Venlo | |
| Netherlands | |
| Phone: | 0800 - 200 800 300 |
| Fax: | 0800 - 90 70 90 20 |
| E-mail: | |
| Internet: | -apotheke-europe.com |
| ISIN: | NL0012044747, DE000A19Y072 |
| WKN: | A2AR94, A19Y07 |
| Indices: | SDAX |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 1014607 |
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| End of News | DGAP News Service |
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1014607Â Â 03.04.2020Â
