Zooplus shows high growth in 2020 and set high target for the coming years
Zooplus has adjusted expectations for both 2020 and 2021. This is due to the strong revenue growth of 18% in the first nine months of 2020.
Sales in the first nine months of 2020 increased to €1.3 billion, while zooplus converted €1.1 billion in the same period last year. The retailer wants to close this year with a plus of 16% to 19% and a turnover of €1.77 billion to €1.8 billion.
Next year, zooplus expects a growth of 14% to 20% and a turnover between € 2.04 billion and €2.14 billion.
They forecast earnings of around €58 million for this year and an EBITDA of between €40 and €80 million for 2021.
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