05/07/2017
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.
In its core segment "Germany", SHOP APOTHEKE EUROPE increased revenues by 31% to about EUR 92 million (1st HY 2016: EUR 70 million). The company thus grew twice as fast as the German OTC-mail-order market, which is expected to increase by almost 15% in full year 2017 according to the experts from Sempora Consulting. As a result, SHOP APOTHEKE EUROPE is further expanding its market leadership in the German OTC-online market. Revenues in the European markets France, Italy, Spain, Austria, Belgium and the Netherlands, are recorded in the "International" segment. They more than tripled to EUR 34 million (1st HY 2016: EUR 11 million) during the reporting period. This makes SHOP APOTHEKE EUROPE the fastest-growing OTC-online pharmacy in Europe. The segment "Germany Services", posted revenues of EUR 0.5 million after elimination of intragroup transactions (1st HY 2016: EUR 0.8 million). In consideration of the company's dynamic growth in the first half of 2017, the Board of Management has reaffirmed its guidance for the 2017 fiscal year, projecting a 45% to 55% increase in consolidated revenues. The acceleration in growth is primarily driven by international business. Management also expects a positive impact from the overall positive market environment and from the continuously growing shift from offline- to online-shopping. Based on economies of scale, improvements in efficiency and further automation, management expects an improvement of the consolidated EBITDA margin in 2017 to around -2% to -3% (2016: -3.3%). SHOP APOTHEKE EUROPE will publish its complete half-year report as scheduled on
ABOUT SHOP APOTHEKE EUROPE.
SHOP APOTHEKE EUROPE generated sales of more than EUR 126 million in the first half of 2017 and a growth of +54% compared to the same period last year. Headquartered in Venlo (the Netherlands), SHOP APOTHEKE EUROPE also has offices in Cologne, Düsseldorf, Paris and Tongeren, Belgium. The online pharmacy has been listed on the regulated market of the Frankfurt Stock Exchange (Prime Standard) since 13 October 2016. EVENTS 2017
CONFERENCES 2017
MEDIA CONTACTS. Trade and public media: Financial media: Investor Relations:
This announcement does not constitute a public offer or an offer to subscribe to any securities in any jurisdiction. The offer was made exclusively on the basis of the company's securities prospectus that had been published in connection with the offer. The shares have already been sold.
05.07.2017 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: | ulrich.wandel@shop-apotheke.com |
Internet: | www.shop-apotheke-europe.com |
ISIN: | NL0012044747 |
WKN: | A2AR94 |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
End of News | DGAP News Service |