Trading Update T1 : Zalando obtient de très bons résultats

April 15, 2015
Financials

Trading Update du premier trimestre 2015 publié par Zalando et disponible dans le communiqué de presse ci-dessous (en anglais). 

Trading update: Zalando achieves best ever first quarter result

  • Revenues of EUR 635-648 million, growth of 27-29 per cent
  • Expects adjusted EBIT of EUR 25-39 million (adjusted EBIT margin of 4-6 per cent)
  • Results boosted by strong start into spring/summer season 

BERLIN, LE 15 AVRIL 2015 // Zalando SE, Europe’s leading platform for fashion online, 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 million, 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. With this growth rate, Zalando is significantly exceeding its target corridor of 20-25 per cent growth. The increase in adjusted EBIT compared to the first quarter of 2014 is mainly driven by an improved gross margin. 

Rubin Ritter, Member of the Management Board, said: “We achieved our best-ever first quarter performance, a testimony to the great team effort resulting in a strong growth momentum for the company. Especially the performance in March was very encouraging.”

All figures reported herein are preliminary and unaudited. Zalando will publish full financial figures for the first quarter of 2015 on 12 May 2015. In addition, Zalando will introduce trading updates ahead of regularly scheduled quarterly earnings releases for the second and third quarter in 2015. The dates for such trading updates will be published in advance of the earnings releases.

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ABOUT ZALANDO

Zalando (https://corporate.zalando.com) is Europe’s leading online fashion platform for women, men and children. We offer our customers a one-stop, convenient shopping experience with an extensive selection of fashion articles including shoes, apparel and accessories, with free delivery and returns. Our assortment of over 1,500 international brands ranges from popular global brands, fast fashion and local brands, and is complemented by our private label products. Our localized offering addresses the distinct preferences of our customers in each of the 15 European markets we serve: Austria, Belgium, Denmark, Finland, France, Germany, Italy, Luxembourg, the Netherlands, Norway, Spain, Sweden, Switzerland, Poland and the United Kingdom. Our logistics network with three centrally located fulfillment centers in Germany allows us to efficiently serve our customers throughout Europe. We believe that our integration of fashion, operations and online technology give us the capability to deliver a compelling value proposition to both our customers and fashion brand partners.

Zalando’s websites attract more than 100 million visits per month. In the fourth quarter 2014, 48 per cent of traffic came from mobile devices, resulting in close to 15 million active customers by the end of the quarter. 

CONTACT ZALANDO
Charline Merieau / Corporate Communications
charline.merieau@zalando.fr
+49 (0)152 388 428 99