zooplus AG reported earnings results for the first quarter of 2018. For the quarter, the company reported With sales of EUR 323 million against EUR 257 million a year ago, the company achieved year-on-year growth of 26% (currency-adjusted: also 26%). Loss before taxes (EBT) in the first three months of 2018 reached EUR -5.5 million against earnings of EUR 3.4 million a year ago. Cash flows from operating activities developed positively and reached a level of EUR 10.0 million in the first quarter of 2018. As a result, the high level of growth could be fully financed with the operating cash flow given the further improvement in working capital.

The company's management board is forecasting sales growth of 21% to 23% for the full year of 2018 and an EBT margin based on sales ranging from +0.5% to -0.5%.