Zalando SE - Earnings Release 2019

News Details

Ad-hoc | 15 April 2019 21:12

Zalando SE: ZALANDO EXPECTS ADJUSTED EBIT IN FIRST QUARTER OF 2019 ABOVE MARKET CONSENSUS

Zalando SE / Key word(s): Quarter Results

Zalando SE: ZALANDO EXPECTS ADJUSTED EBIT IN FIRST QUARTER OF 2019 ABOVE MARKET CONSENSUS

15-Apr-2019 / 21:12 CET/CEST

Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP – a service of EQS Group AG.

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

BERLIN, APRIL 15, 2019 // Pursuant to current estimates of financial results for the first quarter of 2019, Zalando SE expects a positive adjusted EBIT in the single-digit millions and thus above market expectations (company-compiled median analyst estimate at the date hereof: EUR -10 million).

Europe’s leading online platform for fashion and lifestyle expects GMV and revenue growth approximately in line with market expectations (company-compiled median analyst estimates at the date hereof: 23.0% and 15.2% respectively).

These results are in line with the company’s full-year outlook.

All figures reported herein are preliminary and unaudited. Zalando will report its financial figures for the first quarter on May 2, 2019.

Person making the notification: Dr. Martin Hager, Team Lead Capital Markets Law

Contact for investors and analysts:

Patrick Kofler

Investor Relations

[email protected]

+49 (0)30 20968 1584

Contact for media:

Linda Hübner

Corporate Communications

[email protected]

+49 (0)151 21817372

15-Apr-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.

Archive at www.dgap.de


Language:	English
Company:	Zalando SE
	Valeska-Gert-Straße 5
	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
EQS News ID:	800319