21.07.2015
Zalando SE DE000ZAL1111
DGAP-Adhoc: Zalando SE: Preliminary figures: Growth accelerates even further
Zalando SE / Key word(s): Half Year Results
21.07.2015 01:47
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The issuer is solely responsible for the content of this announcement.
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Preliminary figures: Growth accelerates even further
Berlin, 20 July 2015 - Zalando SE, Europe's leading online platform for
fashion, grew group revenues in the second quarter of 2015 to EUR 727-738
million (Q2 2014: EUR 546 million) or by 33-35 per cent, according to
preliminary figures. Zalando expects to achieve an adjusted EBIT of EUR
22-37 million, corresponding to an adjusted EBIT margin of
3-5 per cent (Q2 2014: EUR 35 million or 6.4 per cent). In the first half
of 2015 Zalando achieved revenues of EUR 1,370-1,381 million (H1 2014: EUR
1,047), growing by
31-32 per cent. Adjusted EBIT is expected to come in at EUR 51-66 million,
a margin of around 4 per cent at the mid-point of the range.
Revenue growth accelerated significantly above expectations, supported by
continued investments into Zalando's long-term customer proposition across
markets. At the same time, operating performance led to clear
profitability, albeit EBIT margin was impacted by a temporary increase in
payment cost.
All figures reported herein are preliminary and unreviewed. Full financial
disclosure for the second quarter as well as any potential adjustment to
the guidance for the full year 2015 will be published on 13 August 2015.
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)
21.07.2015 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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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: MDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Dusseldorf, Hamburg, Munich, Stuttgart,
Tradegate Exchange
End of Announcement DGAP News-Service
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