Zalando SE — Earnings Release 2015

Jul 21, 2015

News Details

Ad-hoc | 21 July 2015 01:47

Zalando SE: Preliminary figures: Growth accelerates even further

DGAP-Ad-hoc: Zalando SE / Key word(s): Half Year Results

2015-07-21 / 01:47

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

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

---

Preliminary figures: Growth accelerates even further

Berlin, 20 July 2015 – Zalando SE, Europe’s leading online platform for fashion, grew group revenues in the second quarter of 2015 to EUR 727-738 million (Q2 2014: EUR 546 million) or by 33-35 per cent, according to preliminary figures. Zalando expects to achieve an adjusted EBIT of EUR 22-37 million, corresponding to an adjusted EBIT margin of 3-5 per cent (Q2 2014: EUR 35 million or 6.4 per cent). In the first half of 2015 Zalando achieved revenues of EUR 1,370-1,381 million (H1 2014: EUR 1,047), growing by

31-32 per cent. Adjusted EBIT is expected to come in at EUR 51-66 million, a margin of around 4 per cent at the mid-point of the range.

Revenue growth accelerated significantly above expectations, supported by continued investments into Zalando’s long-term customer proposition across markets. At the same time, operating performance led to clear profitability, albeit EBIT margin was impacted by a temporary increase in payment cost.

All figures reported herein are preliminary and unreviewed. Full financial disclosure for the second quarter as well as any potential adjustment to the guidance for the full year 2015 will be published on 13 August 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)

---

2015-07-21 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.

Media archive at www.dgap-medientreff.de and www.dgap.de

---

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

- - -
379405  2015-07-21