Zalando SE exceeds its own profitability guidance for FY 2024 after a better than expected fourth quarter
Zalando SE exceeds its own profitability guidance for FY 2024 after a better than expected fourth quarter
Berlin, 15 January 2025 // Zalando SE exceeds its own profitability guidance for the financial year 2024 after a better than expected fourth quarter. This was in particular driven by strong customer growth fueled by marketing and better sell-through. Adjusted EBIT is expected to reach around EUR 510 million, above the company's current guidance of 10 October 2024 (EUR 440-480 million)
According to preliminary figures, gross merchandise volume (GMV) in the financial year 2024 rose by 4.5 % from a year earlier to EUR 15.3 billion, revenue grew by 3.9 % from a year earlier to EUR 10.5 billion. The capital expenditure (capex) amounted to 210 million EUR for the financial year 2024.
The financial figures are preliminary and unaudited. Zalando SE will publish its results for the financial year 2024 on 6 March 2025.
With regard to the definition of the alternative performance measure “adjusted EBIT”, the company refers to the relevant definition in its Half-Year Report 2024 on page 38 under the heading “3.1 Glossary”, which has been published on the company's website.
Person making the notification: Dr. Martin Bredol, Senior Lead Corporate Law
Investor/Analyst inquiries:
Patrick Kofler
Investor Relations
investor.relations@zalando.de
+49 (0) 30 20968 1584
Media inquiries:
Sarah Syed
Wirtschafts- und Finanzkommunikation
presse@zalando.de
+49 (0) 160 9684 4183
End of ad hoc notification
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About Zalando
Founded in Berlin in 2008, Zalando is the leading European technology platform for fashion and lifestyle. Connecting 62 million active customers with more than 7,000 brands across 29 markets, our business is built on a unique AI-powered data and infrastructure platform. For our customers, our multi-app approach - comprising Zalando, ABOUT YOU, and Lounge by Zalando - delivers an inspiring, highly personalized shopping experience, serving different customers with different needs. For our partners, we are building the operating system for e-commerce. Through ZEOS, Tradebyte, and SCAYLE, we open our logistics, software, and service capabilities to brands and retailers, enabling them to seamlessly scale their businesses across borders.
For further information, please visit: corporate.zalando.com/en