19.01.2016
Zalando SE DE000ZAL1111
DGAP-News: Q4 TRADING UPDATE: ZALANDO FINISHES YEAR ON A HIGH NOTE
DGAP-News: Zalando SE / Key word(s): Preliminary Results/Final Results
Q4 TRADING UPDATE: ZALANDO FINISHES YEAR ON A HIGH NOTE
19.01.2016 / 08:00
The issuer is solely responsible for the content of this announcement.
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Q4 TRADING UPDATE: ZALANDO FINISHES YEAR ON A HIGH NOTE
- Strong continued growth with Q4 revenues at EUR 865-872 million (30-31
per cent growth)
- Adjusted EBIT of EUR 61-78 million (7-9 per cent margin), in line with
prior management guidance
- Full year revenues at EUR 2,955-2,962 million, clearly profitable with
3.3-3.9 per cent adjusted EBIT margin
BERLIN, JANUARY 19, 2015 // Zalando SE, Europe's leading online platform
for fashion, grew group revenues in the fourth quarter of 2015 to EUR
865-872 million or by 30-31 per cent (Q4 2014: 666 million), according to
preliminary figures. Zalando expects to achieve an adjusted EBIT of EUR
61-78 million, corresponding to an adjusted EBIT margin of 7-9 per cent (Q4
2014: EUR 66 million or 9.9 per cent). All cost lines developed according
to internal plan.
Rubin Ritter, member of the Management Board, said: "We have finished the
year on a high note. Our strong growth and EBIT margin performance in the
fourth quarter, which was in line with our prior guidance, demonstrates the
strength of our business even in challenging market conditions."
In the financial year 2015 Zalando achieved overall group revenues of EUR
2,955-2,962 million and a growth rate of 33.5-33.8 per cent (FY 2014: 2,214
million). The company remains clearly profitable with an adjusted EBIT of
EUR 96-114 million, or an adjusted margin of around
3.3-3.9 per cent (FY 2014: 81.9 million, 3.7 per cent). Zalando thereby
confirms full year results within its guided target corridor of 33-35 per
cent revenue growth and an adjusted EBIT margin of 3-4 per cent.
"2015 has been a fantastic year for us. In our first year as a public
company, we have significantly accelerated growth, made important long-term
investments and remained clearly profitable. We will continue on this
path," Rubin Ritter said.
All figures reported herein are preliminary and unaudited. Full financial
disclosure for the fourth quarter and financial year 2015, together with
the management guidance for the financial year 2016, will be published on 1
March 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 131 million visits per month. In the third quarter of
2015, around 59 per cent of traffic came from mobile devices, resulting in
close to 17.2 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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19.01.2016 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.
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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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