Zalando SE - Earnings Release 2016

News Details

Ad-hoc | 18 October 2016 22:07

Zalando SE: PRELIMINARY FIGURES: ZALANDO GROWS GROUP REVENUES BY 16-18% TO EUR 827-841 MILLION AT 1.0-3.0% ADJUSTED EBIT MARGIN IN Q3 AND RAISES FULL-YEAR EBIT MARGIN GUIDANCE FOR 2016 TO 5.0-6.0%

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

2016-10-18 / 22:07

Disclosure of an inside information according to Article 17 MAR.

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

BERLIN, OCTOBER 18, 2016 // Zalando SE, Europe’s leading online platform for fashion, grew group revenues in the third quarter of 2016 to EUR 827- 841 million or by 16-18% (Q3 2015: EUR 713 million), according to preliminary figures. Zalando expects to achieve an adjusted EBIT* of EUR 8- 25 million, corresponding to an adjusted EBIT margin of 1.0-3.0% (Q3 2015: EUR -24 million, -3.3%). In the first nine months of 2016 Zalando achieved revenues of EUR 2,540-2,554 million, growing by around 22% (first nine months 2015: EUR 2,090 million). Adjusted EBIT for the first nine months is expected to come in at EUR 109-126 million, a margin of around 4.6% at the mid-point of the range (first nine months 2015: EUR 36 million, 1.7%).

As a result, Zalando reiterates its guidance of strong full-year revenue growth at the upper end of the 20-25% growth corridor and increases its full-year adjusted EBIT margin guidance to 5.0-6.0%.

All figures reported herein are preliminary and unaudited. Full financial disclosure for the third quarter will be published on November 10, 2016.

Person making the notification: Dr. Ansgar Schoenborn, Head of Corporate Law

* “Adjusted EBIT” as defined in the Annual Report 2015, p 195 (available at https://corporate.zalando.de).

2016-10-18 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