Pet Food News

Pet product retailer Fressnapf reports 7 percent sales growth in 2012

European pet product retailer Fressnapf recorded overall sales of €1.46 billion (US$2.6 billion) in fiscal 2012, an increase of 7 percent compared to fiscal 2011.

Sales in Germany rose 6 percent in 2012 to €970 million (US$1.3 billion), while comparable store sales grew 4 percent in the domestic market. Fressnapf sales in 11 other countries grew 10 percent to more than €490 million (US$654.8 million). According to the company's head, Torsten Toeller, the pet product chain's fastest-growing markets include Austria, Belgium and Denmark.

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