Zalando SE — Earnings Release 2015

Oct 15, 2015

News Details

Ad-hoc | 15 October 2015 01:38

Zalando SE: PRELIMINARY FIGURES: ZALANDO GROWS GROUP REVENUES BY 41-43 PER CENT TO EUR

DGAP-Ad-hoc: Zalando SE / Key word(s): 9-month figures/Change in Forecast

2015-10-15 / 01:38

Dissemination of an Ad hoc announcement according to § 15 WpHG.

The issuer is solely responsible for the content of this announcement.

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PRELIMINARY FIGURES: ZALANDO GROWS GROUP REVENUES BY 41-43 PER CENT TO EUR 707-717 MILLION AT -2.5 TO -4.5 PER CENT ADJUSTED EBIT MARGIN IN Q3 2015 AND ADJUSTS GUIDANCE FOR THE FULL YEAR 2015

BERLIN, OCTOBER 15, 2015 // Zalando SE, Europe’s leading online platform for fashion, grew group revenues in the third quarter of 2015 to EUR 707-717 million or by 41-43 per cent (Q3 2014: 501 million), according to preliminary figures. Zalando expects to achieve an adjusted EBIT of EUR -18 to -32 million, corresponding to an adjusted EBIT margin of -2.5 to -4.5 per cent (Q3 2014: EUR 4 million or 0.8 per cent). In the first nine months of 2015 Zalando achieved revenues of EUR 2,084-2,094 million, growing by around 35 per cent (first nine months 2014: EUR 1,548 million). Adjusted EBIT for the first nine months of the year 2015 is expected to come in at EUR 27-41 million, a margin of around 1.6 per cent at the mid-point of the range.

Zalando continued to invest in its customer proposition in the third quarter, leading to a strong revenue growth. While gross margin was in line with the prior year, profitability was mainly impacted by higher fulfilment and marketing costs:

Following the results in the first nine months of the year 2015, Zalando is now expecting to substantially exceed its initial 2015 revenue growth corridor of 20-25 per cent and its revised guidance as of August 13, 2015 of 28-31 percent and is adjusting its revenue growth guidance for the full year 2015 to 33-35 per cent. Guidance for the full year 2015 adjusted EBIT margin is adjusted from 4.5 per cent to 3-4 per cent.

All figures reported herein are preliminary and unreviewed. Full financial disclosure for the third quarter will be published on November 12, 2015.

Zalando SE

Tamara-Danz-Str. 1

10243 Berlin

Germany

ISIN: DE000ZAL1111

WKN: ZAL111

Common Code: 111189528

Trading symbol: ZAL

Listed: Regulated market (Prime Standard) of the Frankfurt Stock Exchange (Frankfurter Wertpapierbörse)

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Language:	English
Company:	Zalando SE
	Tamara-Danz-Straße 1
	10243 Berlin
	Germany
E-mail:	presse@zalando.de
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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