Zalando to Post Higher than Expected Adjusted EBIT in First Quarter of 2019

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).
 
Chief Financial Officer David Schröder says: “We are pleased with our performance in the first quarter, demonstrating that we are focused on strong execution. 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.

 

MEDIA CONTACT

Linda Hübner / Corporate Communications

linda.huebner@zalando.de

+49 (0)152 21817372