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.
Linda Hübner / Corporate Communications
+49 (0)152 21817372