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Zalando SE — Earnings Release 2015
Apr 16, 2015
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Earnings Release
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News Details
Ad-hoc | 16 April 2015 00:15
Zalando SE: Preliminary figures: Zalando achieves revenues of EUR 635-648 million at 4-6 per cent adjusted EBIT margin in Q1 2015
DGAP-Ad-hoc: Zalando SE / Key word(s): Preliminary Results/Quarter Results
2015-04-16 / 00:15
Dissemination of an Ad hoc announcement according to § 15 WpHG.
The issuer is solely responsible for the content of this announcement.
Berlin, 15 April 2015 – Zalando SE (ISIN DE000ZAL1111) grew group revenues in the first quarter of 2015 to EUR 635-648 million (Q1 2014: EUR 501 million) or by 27-29 per cent, according to preliminary figures. Zalando expects to achieve an adjusted EBIT of EUR 25-39 million1, corresponding to an adjusted EBIT margin of 4-6 per cent in the first quarter of 2015 (Q1 2014: EUR -23 million or -4.5 per cent).
Both group revenues and adjusted EBIT have developed above expectations, mainly due to a very strong start into the spring/summer season. The increase in adjusted EBIT compared to the first quarter of 2014 is mainly driven by an improved gross margin.
All figures reported herein are preliminary and unaudited. Zalando will publish full financial figures for the first quarter of 2015 on 12 May 2015.
Table 1: Zalando Group – Revenues and adjusted EBIT (EUR million, preliminary)
| Q1 2015 | Q1 2014 | FY 2014 | |
| Group revenues | 635-648 | 501 | 2,214 |
| Adjusted group EBIT¹ | 25-39 | -23 | 82 |
1 Adjusted to exclude equity-settled stock based compensation costs.
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)
2015-04-16 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: | [email protected] |
| Internet: | https://corporate.zalando.de |
| ISIN: | DE000ZAL1111 |
| WKN: | ZAL111 |
| Indices: | SDAX |
| 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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