19.04.2016
Zalando SE DE000ZAL1111
DGAP-News: Zalando SE: Q1 TRADING UPDATE: ZALANDO OFF TO A GOOD START IN 2016
DGAP-News: Zalando SE / Key word(s): Preliminary Results
Zalando SE: Q1 TRADING UPDATE: ZALANDO OFF TO A GOOD START IN 2016
19.04.2016 / 08:00
The issuer is solely responsible for the content of this announcement.
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Q1 TRADING UPDATE: ZALANDO OFF TO A GOOD START IN 2016
- Q1 revenues at EUR 788-801 million (22.5-24.5 per cent growth)
- Adjusted EBIT of EUR 12-28 million (1.5-3.5 per cent margin)
- Zalando reiterates full-year guidance of revenue growth at upper end of
20-25 per cent corridor and adjusted EBIT margin of 3.0-4.5 per cent
BERLIN, APRIL 19, 2016 // Zalando SE, Europe's leading online platform for
fashion, grew group revenues in the first quarter of 2016 to EUR 788-801
million or by 22.5-24.5 per cent (Q1 2015: 644 million), according to
preliminary figures. Zalando expects to achieve an adjusted EBIT of EUR
12-28 million, corresponding to an adjusted EBIT margin of 1.5-3.5 per cent
(Q1 2015: EUR 29 million or 4.5 per cent).
Rubin Ritter, member of the Management Board, said: "Zalando has been off
to a really good start in 2016. We have picked up speed again since the
typically slower Easter Holidays at the end of the first quarter of 2016.
We are well on track to deliver on our promise of strong growth and solid
profitability for the full year."
Zalando reiterates its full year guidance of revenue growth at the upper
end of the 20-25 per cent growth corridor and an adjusted EBIT margin of
3.0-4.5 per cent.
All figures reported herein are preliminary and unaudited. Full financial
disclosure for the first quarter will be published on May 12, 2016.
NOTES TO EDITORS
ABOUT ZALANDO
Zalando (https://corporate.zalando.com) is Europe's leading online fashion
platform for women, men and children. We offer our customers a one-stop,
convenient shopping experience with an extensive selection of fashion
articles including shoes, apparel and accessories, with free delivery and
returns. Our assortment of over 1,500 international brands ranges from
popular global brands, fast fashion and local brands, and is complemented
by our private label products. Our localized offering addresses the
distinct preferences of our customers in each of the 15 European markets we
serve: Austria, Belgium, Denmark, Finland, France, Germany, Italy,
Luxembourg, the Netherlands, Norway, Spain, Sweden, Switzerland, Poland and
the United Kingdom. Our logistics network with three centrally located
fulfillment centers in Germany allows us to efficiently serve our customers
throughout Europe. We believe that our integration of fashion, operations
and online technology give us the capability to deliver a compelling value
proposition to both our customers and fashion brand partners. Zalando's
shops attract over 135 million visits per month. In the fourth quarter of
2015, around 60 per cent of traffic came from mobile devices, resulting in
close to 17.9 million active customers by the end of the quarter.
CONTACT ZALANDO
René Gribnitz/ Vice President Communications
[email protected]
+49 30 20968 2022
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19.04.2016 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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
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 News DGAP News Service
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