Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Xetra  >  Shop Apotheke Europe N.V.    SAE   NL0012044747

SHOP APOTHEKE EUROPE N.V.

(SAE)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

SHOP APOTHEKE EUROPE: Growth accelerated to 33% in Q1, revenues up to EUR 232 million.

share with twitter share with LinkedIn share with facebook
share via e-mail
04/03/2020 | 01:05am EDT

DGAP-News: SHOP APOTHEKE EUROPE N.V. / Key word(s): Development of Sales/Preliminary Results
SHOP APOTHEKE EUROPE: Growth accelerated to 33% in Q1, revenues up to EUR 232 million.

03.04.2020 / 07:00
The issuer is solely responsible for the content of this announcement.


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.

  • Strong start into the year, revenue growth further accelerated in March due to increased demand related to Covid-19.
  • Preliminary sales growth for the DACH segment +29.7% and for the International segment +58.6%.
  • Total number of active customers increased by 300k in Q1 to 5 million.
  • Online doctor service successfully launched.

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.

Stefan Feltens, CEO of SHOP APOTHEKE EUROPE, comments: "In these difficult times, online pharmacies reinforce their role as an important and complementary part in the healthcare system by providing support in safeguarding the supply of medications to patients across Europe. We want to take this opportunity to express our deepest appreciation for the effort and commitment of SHOP APOTHEKE EUROPE's more than 1,200 colleagues and also for our partners in the pharmaceutical industry, our wholesalers, as well as our logistics partners. Everybody is doing an impressive job in each of the seven countries we serve in Europe."

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.
SHOP APOTHEKE EUROPE started a cooperation with Zava, one of the leading online doctor services in Germany and Europe. Customers now have the opportunity to get a medical consultation for selected indications without having to go to a physician's office. The introduction of this service is part of SHOP APOTHEKE EUROPE's strategy to become a customer-centric e-pharmacy platform.

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.
All published figures are preliminary and unaudited.

 

MEDIA CONTACTS.

Trade and popular media:
Sven Schirmer
Tel: +49 221 99 53 44 31
Email: presse@shop-apotheke.com

Financial media:
Bettina Fries
Tel: +49 211 75 80 779
Email: presse@shop-apotheke.com

Investor relations:
Carmen Herkenrath
Tel.: +31 77 850 6109
Email: carmen.herkenrath@shop-apotheke.com

Thomas Schnorrenberg
Tel.: +49 151 4653131
Email: presse@shop-apotheke.com
 

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.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


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: carmen.herkenrath@shop-apotheke.com
Internet: www.shop-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

 
End of News DGAP News Service

1014607  03.04.2020 

fncls.ssp?fn=show_t_gif&application_id=1014607&application_name=news&site_id=zonebourse

© EQS 2020
share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on SHOP APOTHEKE EUROPE N.V.
05/20SHOP APOTHEKE EUROPE N.V. : Notification and public disclosure of transactions b..
EQ
05/20SHOP APOTHEKE EUROPE NV : Buy rating from Jefferies
MD
05/19SHOP APOTHEKE EUROPE NV : Kepler Chevreux reaffirms its Buy rating
MD
05/19SHOP APOTHEKE EUROPE NV : Hauck & Aufhauser maintains a Buy rating
MD
05/18SHOP APOTHEKE EUROPE NV : Berenberg reiterates its Buy rating
MD
05/14SHOP APOTHEKE EUROPE NV : Barclays reiterates its Buy rating
MD
05/14SHOP APOTHEKE EUROPE N : achieves positive EBITDA ahead of schedule and increase..
EQ
05/07SHOP APOTHEKE EUROPE NV : Citigroup keeps its Buy rating
MD
04/30SHOP APOTHEKE EUROPE N.V. : Annual General Meeting approves all items on the age..
EQ
04/17SHOP APOTHEKE EUROPE N.V. : Notification and public disclosure of transactions b..
EQ
More news
Financials (EUR)
Sales 2020 884 M
EBIT 2020 -6,44 M
Net income 2020 -18,3 M
Debt 2020 48,1 M
Yield 2020 -
P/E ratio 2020 -78,1x
P/E ratio 2021 -171x
EV / Sales2020 1,74x
EV / Sales2021 1,38x
Capitalization 1 493 M
Chart SHOP APOTHEKE EUROPE N.V.
Duration : Period :
Shop Apotheke Europe N.V. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends SHOP APOTHEKE EUROPE N.V.
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 8
Average target price 100,88 €
Last Close Price 102,40 €
Spread / Highest target 36,7%
Spread / Average Target -1,49%
Spread / Lowest Target -49,2%
EPS Revisions
Managers
NameTitle
Stefan Feltens Chief Executive Officer
Jan Pyttel Chairman-Supervisory Board
Theresa Holler Chief Operating Officer
Jasper Eenhorst Chief Financial Officer
Marc Fischer Chief Technical Officer
Sector and Competitors
1st jan.Capitalization (M$)
SHOP APOTHEKE EUROPE N.V.135.40%1 627
WALGREENS BOOTS ALLIANCE, INC.-32.84%34 738
MCKESSON CORPORATION8.02%24 184
CARDINAL HEALTH, INC.5.95%15 648
WELCIA HOLDINGS CO., LTD.24.32%8 381
SINOPHARM GROUP CO., LTD.-34.13%7 538