SHOP APOTHEKE EUROPE increases Group revenues by more than 30% to EUR 509 million during the first nine months of 2019.
(WorldNews Europe)

NOT FOR RELEASE OR DISTRIBUTION IN THE USA, CANADA, AUSTRALIA OR JAPAN. Organic growth +28%. Revenues DACH segment +26.3% to EUR 448 million. Revenues International segment +80% to EUR 61 million. Consolidated gross margin improves by over 1 pp to 19.6%. Number of active customers increases to over 4.5 million. Record volume of 10 million orders reached at the end of October. Economic optimization of country portfolio by withdrawal from Spanish market. Forecast for 2019 refined: revenues of ca. EUR 700 million; adjusted EBITDA margin between -2.0% and -2.3%. Venlo, the Netherlands, 14 November 2019. SHOP APOTHEKE EUROPE N.V., one of Continental Europe`s leading online pharmacies, has...