12.02.2015
Zalando SE DE000ZAL1111
DGAP-Adhoc: Zalando profitable in 2014 after strong Q4 2014
Zalando SE / Key word(s): Final Results
12.02.2015 00:15
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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Zalando profitable in 2014 after strong Q4 2014
Berlin, February 11, 2015 - Zalando SE (ISIN DE000ZAL1111) grew group
revenues in 2014 by about 26 per cent to EUR 2.2 billion (2013: EUR 1.8
billion), according to preliminary figures. In the fourth quarter of 2014,
group revenues grew by about 21 per cent to EUR 666 million (Q4 2013: EUR
550 million). Zalando achieved an adjusted EBIT of EUR 66 million1,
corresponding to an adjusted EBIT margin of 9.9 per cent (Q4 2013: 2.4 per
cent) in the fourth quarter. The non-adjusted EBIT amounted to EUR 61
million in Q4. This development was driven by improvements along several
cost lines, most notably cost of sales and marketing. For the full-year
2014, Zalando achieved annual group profitability with an adjusted EBIT of
EUR 82 million(*), corresponding to an adjusted EBIT margin of 3.7 per cent
(2013: -6.2 per cent). The non-adjusted EBIT for the full-year 2014
amounted to EUR 62 million.
Zalando reconfirms its revenue guidance for 2015 with a growth target
corridor of 20-25 per cent. Focus continues to be on delivering profitable
growth; driven by investments in long-term growth, Zalando expects 2015
margins not to exceed the strong level achieved in 2014.
All figures reported herein are preliminary and unaudited. Zalando will
publish full financial figures and further information on March 5, 2015.
Table 1: Zalando Group - Revenues, EBIT and adjusted EBIT (EUR million,
preliminary)
FY 2014 FY 2013 Q4 2014 Q4 2013 Group revenues 2,214 1,762 666 550 Group EBIT 62 -114 61 12 Adjusted group EBIT(*) 82 -109 66 13(*) Adjusted to exclude equity-settled stock based compensation costs. Zalando SE Tamara-Danz-Str. 1 10243 Berlin Germany ISIN: DE000ZAL1111 WKN: ZAL111 Common Code:_111189528 Trading symbol: ZAL Listed: Regulated market (Prime Standard) of the Frankfurt Stock Exchange (Frankfurter Wertpapierbörse) 12.02.2015 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: Zalando SE Tamara-Danz-Straße 1 10243 Berlin Germany Phone: Fax: E-mail: [email protected] Internet: https://corporate.zalando.de ISIN: DE000ZAL1111 WKN: ZAL111 Indices: SDAX Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin - Tradegate Exchange, Düsseldorf, Hamburg, München, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------
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