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ZO1 - Zooplus AG News Story

€89.9 -1.7  -1.9%

Last Trade - 28/02/20

Mid Cap
Market Cap £558.8m
Enterprise Value £578.1m
Revenue £1.26bn
Position in Universe 439th / 1050

BUZZ-Zooplus: Seen dropping as outlook disappoints

Wed 20th March, 2019 7:55am
** Zooplus  ZO1G.DE  seen opening down 7.5 pct after
publishing 2019 outlook and saying sales target for 2020 too
ambitious  urn:newsml:reuters.com:*:nEQ9z8XDba
    ** Sees sales growth in range of 14% to 18% for 2019, says
EUR 2 bln sales forecast for 2020 appears too ambitious 
    ** EBITDA expected at EUR 10-30 mln for 2019
    ** "Group's FY19 targets fall short to expectations in
regards to sales as well as in regards to earnings," Baader
Helvea says
    ** "No comment regarding group's EBT margin target of '4%
with repeat customers by 2020' – A bad sign!?" - Baader Helvea 
    ** Zooplus reports 2018 sales of EUR 1.34 bln 


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