17.01.2017
Zalando SE DE000ZAL1111
DGAP-News: TRADING UPDATE: ZALANDO BREAKS ONE BILLION EURO BARRIER IN Q4
DGAP-News: Zalando SE / Key word(s): Preliminary Results/Final Results
TRADING UPDATE: ZALANDO BREAKS ONE BILLION EURO BARRIER IN Q4
17.01.2017 / 08:00
The issuer is solely responsible for the content of this announcement.
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TRADING UPDATE: ZALANDO BREAKS ONE BILLION EURO BARRIER IN Q4
- Q4 revenues at EUR 1,086-1,094 million (25-26% growth), adjusted EBIT
of EUR 81-104 million (7.5-9.5% margin)
- Full year revenues at EUR 3,633-3,642 million, adjusted EBIT of
EUR 202-225 million (5.6-6.2% margin)
- Zalando to expand fulfillment footprint in Sweden
BERLIN, JANUARY 17, 2017 // Zalando SE, Europe's leading online platform
for fashion, grew revenues in the fourth quarter of 2016 by 25-26% to EUR
1,086-1,094 million (Q4 2015: EUR 868.5 million), according to preliminary
figures. Zalando expects to achieve an adjusted EBIT of EUR 81-104 million,
corresponding to an adjusted EBIT margin of 7.5-9.5% (Q4 2015: EUR 71.8
million or 8.3%) for the same period.
In the financial year 2016, Zalando achieved group revenues of EUR 3,633-
3,642 million (FY 2015: EUR 2,958 million) growing between 22.9-23.1%, in
line with its full-year guidance. Profitability improved substantially,
with adjusted EBIT approximately doubling to EUR 202-225 million and
corresponding to a margin of 5.6-6.2% (FY 2015: EUR 107.5 million, 3.6%).
"We have completed a successful 2016. For the first time we broke the
billion-euro revenue barrier in a single quarter, a clear result of our
customer focus," said Rubin Ritter, co-CEO. "We will continue to emphasize
growth and further invest behind an ever-improving customer experience
across all our markets."
Zalando intends to open a satellite warehouse in Sweden in the course of
2017, similar to its satellite warehouses in France and Italy. The facility
will be run by a service provider and aims to further improve Zalando's
customer proposition in its important Nordic markets in Sweden, Norway,
Finland and Denmark.
All figures reported herein are preliminary and unaudited. Full financial
disclosure for the fourth quarter and financial year 2016, together with
the management guidance for the financial year 2017, will be published on
March 1, 2017.
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 four centrally located
fulfillment centers in Germany allows us to efficiently serve our customers
throughout Europe, supported by a warehouse in Northern Italy with a focus
on local customer needs. 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 160 million visits per month. In the
third quarter of 2016, more than 65 percent of traffic came from mobile
devices, resulting in 19.2 million active customers by the end of the
quarter.
CONTACT ZALANDO
René Gribnitz ( Vice President Communications
[email protected]
Alexander Styles ( Financial Communications
[email protected]
+49 30 20968 2022
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17.01.2017 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.
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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 Berlin, Dusseldorf, Hamburg, Hanover,
Munich, Stuttgart, Tradegate Exchange
End of News DGAP News Service
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