30.03.2020 Zalando SE  DE000ZAL1111

DGAP-Adhoc: Zalando SE: Zalando SE expects significantly lower Q1 EBIT


 

DGAP-Ad-hoc: Zalando SE / Key word(s): Quarter Results
Zalando SE: Zalando SE expects significantly lower Q1 EBIT

30-March-2020 / 19:16 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Zalando SE expects significantly lower Q1 EBIT

BERLIN, March 30, 2020 // Zalando SE, Europe's leading online platform for fashion and lifestyle, expects quarterly results to be significantly below the analysts' consensus of March 11, which did not yet take into account the effects of the coronavirus. This is due to lower discretionary spending by European consumers as a result of the measures taken by European governments since March 9 against the spread of the coronavirus.

The company expects Revenue and Gross Merchandise Volume (GMV) growth in the first quarter to be significantly below the analysts' consensus of March 11, despite a strong start to the year. Adjusted EBIT is also negatively impacted by lower revenue growth in the first quarter and an exceptional write-down of inventories as a result of the revised sales expectations for the current season.

The median of the analysts' consensus as of March 11, 2020 was 19.0% for revenue growth, 22.8% for GMV growth and adjusted EBIT of -28 million Euro.

The guidance for the fiscal year 2020 published on February 27 had explicitly excluded negative effects from the spread of the coronavirus. Based on the current situation, the company assumes that the published forecast cannot be achieved. The Management Board will issue a new guidance as soon as the course of the corona pandemic can be estimated more reliably.

Zalando will publish further information on the first quarter in a trading statement on April 16. The company will publish its financial figures for the first quarter on May 7, 2020.

In addition, due to the spread of the corona virus in Germany, Zalando will postpone the company's annual general meeting scheduled for May 20, 2020 in Berlin. The new date for the Annual General Meeting will be announced in due time.


 

Person making the notification: Dr. Martin Hager, Team Lead Capital Markets Law 

Contact for investors and analysts:
Patrick Kofler
Investor Relations
[email protected]
+49 (0)30 20968 1584

Contact for media:
Linda Hübner
Corporate Communications
[email protected]
+49 (0)151 21817372


30-March-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: Zalando SE
Valeska-Gert-Straße 5
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 Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1010669

 
End of Announcement DGAP News Service

1010669  30-March-2020 CET/CEST

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Die wichtigsten Finanzdaten auf einen Blick
  2017 2018 2019 2020 2021 2022 2023e
Umsatzerlöse1 4.489,00 5.387,90 6.482,50 7.982,00 10.354,00 10.344,80 10.143,10
EBITDA1,2 246,40 205,70 360,60 581,50 660,10 393,40 524,90
EBITDA-Marge3 5,49 3,82 5,56 7,29 6,38 3,80
EBIT1,4 187,60 119,20 165,80 367,00 424,70 81,00 190,90
EBIT-Marge5 4,18 2,21 2,56 4,60 4,10 0,78 1,88
Jahresüberschuss1 101,60 51,20 99,70 226,10 234,50 16,80 83,00
Netto-Marge6 2,26 0,95 1,54 2,83 2,27 0,16 0,82
Cashflow1,7 193,70 212,80 327,20 527,40 616,20 459,90 949,50
Ergebnis je Aktie8 0,40 0,20 0,39 0,86 0,88 0,06 0,32
Dividende8 0,00 0,00 0,00 0,00 0,00 0,00 0,00
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2023 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: Ernst & Young

INVESTOR-INFORMATIONEN
©boersengefluester.de
Zalando
WKN Kurs in € Einschätzung Börsenwert in Mio. €
ZAL111 26,440 Halten 6.974,13
KGV 2025e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
43,34 0,00 0,00 58,63
KBV KCV KUV EV/EBITDA
2,94 7,35 0,69 10,25
Dividende '22 in € Dividende '23e in € Div.-Rendite '23e
in %
Hauptversammlung
0,00 0,00 0,00 17.05.2024
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
07.05.2024 06.08.2024 05.11.2024 13.03.2024
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
19,89% 13,76% 23,26% -27,84%
    
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E-Commerce , ZAL111 , ZAL , XETR:ZAL