zooplus grows by 14% in 2020
The German company’s revenue reached € 1,524 million in 2020, a € 182 million increase compared to the year before.
The zooplus AG supervisory board decided to extend CEO and co-founder Dr. Cornelius Patt’s contract for another three year, starting from January 1, 2021.
Dr. Cornelius Patt: “In the 2019 financial year zooplus continues to grow 20 years after it was founded. Our customer’s repurchase rate of 91% underlines their loyalty and represents an important building block for our further growth.”
Some key figures of 2020:
- Positive EBITDA of EUR 11.8 million (2018: EUR 8.6 million)
- zooplus’ private label business with feed and litter grows by 29% disproportionately strong
- Sales-related repurchase rate remains at a high level at 91%