18.10.2016
Zalando SE DE000ZAL1111
DGAP-Adhoc: Zalando SE: PRELIMINARY FIGURES: ZALANDO GROWS GROUP REVENUES BY 16-18% TO EUR 827-841 MILLION AT 1.0-3.0% ADJUSTED EBIT MARGIN IN Q3 AND RAISES FULL-YEAR EBIT MARGIN GUIDANCE FOR 2016 TO 5.0-6.0%
Zalando SE / Key word(s): 9-month figures/Change in Forecast
18.10.2016 22:07
Disclosure of an inside information according to Article 17 MAR,
transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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BERLIN, OCTOBER 18, 2016 // Zalando SE, Europe's leading online platform
for fashion, grew group revenues in the third quarter of 2016 to EUR 827-
841 million or by 16-18% (Q3 2015: EUR 713 million), according to
preliminary figures. Zalando expects to achieve an adjusted EBIT* of EUR 8-
25 million, corresponding to an adjusted EBIT margin of 1.0-3.0% (Q3 2015:
EUR -24 million, -3.3%). In the first nine months of 2016 Zalando achieved
revenues of EUR 2,540-2,554 million, growing by around 22% (first nine
months 2015: EUR 2,090 million). Adjusted EBIT for the first nine months is
expected to come in at EUR 109-126 million, a margin of around 4.6% at the
mid-point of the range (first nine months 2015: EUR 36 million, 1.7%).
As a result, Zalando reiterates its guidance of strong full-year revenue
growth at the upper end of the 20-25% growth corridor and increases its
full-year adjusted EBIT margin guidance to 5.0-6.0%.
All figures reported herein are preliminary and unaudited. Full financial
disclosure for the third quarter will be published on November 10, 2016.
Person making the notification: Dr. Ansgar Schoenborn, Head of Corporate
Law
* "Adjusted EBIT" as defined in the Annual Report 2015, p 195 (available at
https://corporate.zalando.de).
18.10.2016 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at 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 Berlin, Dusseldorf, Hamburg, Hanover,
Munich, Stuttgart, Tradegate Exchange
End of Announcement DGAP News-Service
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