Corporate | 21 July 2015 08:00

Q2 Trading Update: Growth accelerates even further

Zalando SE / Key word(s): Preliminary Results

2015-07-21 / 08:00

Q2 Trading Update: Growth accelerates even further

– Q2 revenues of EUR 727-738 million, growth of 33-35 per cent

– Adjusted EBIT of EUR 22-37 million (margin of 3-5 per cent)

Berlin, 21 July 2015 – Zalando SE, Europe’s leading online platform for fashion, grew group revenues in the second quarter of 2015 to EUR 727-738 million (Q2 2014: EUR 546 million) or by 33-35 per cent, according to preliminary figures. Zalando expects to achieve an adjusted EBIT of EUR 22-37 million, corresponding to an adjusted EBIT margin of
3-5 per cent (Q2 2014: EUR 35 million or 6.4 per cent). In the first half of 2015 Zalando achieved revenues of EUR 1,370-1,381 million (H1 2014: EUR 1,047), growing by
31-32 per cent. Adjusted EBIT is expected to come in at EUR 51-66 million, a margin of around 4 per cent at the mid-point of the range.

Revenue growth accelerated significantly above expectations, supported by continued investments into Zalando’s long-term customer proposition across markets. At the same time, operating performance led to clear profitability, albeit EBIT margin was impacted by a temporary increase in payment cost.

Rubin Ritter, Member of the Management Board, said: “With these figures, Zalando continues to deliver a unique combination of growth at scale and profitability.
Re-accelerating our growth close to 35 per cent is an extraordinary achievement of our team.”

All figures reported herein are preliminary and unreviewed. Full financial disclosure for the second quarter as well as any potential adjustment to the guidance for the full year 2015 will be published on 13 August 2015.

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 130 million visits per month. In the first quarter of 2015, around 53 per cent of traffic came from mobile devices, resulting in more than 15 million active customers by the end of the quarter.

Contact
Boris Radke
Head of Corporate Communications
Phone: +49 (0)30-209 68 1038
Email: Boris.Radke@zalando.de

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Language:	English
Company:	Zalando SE
	Tamara-Danz-Straße 1
	10243 Berlin
	Germany
E-mail:	presse@zalando.de
Internet:	https://corporate.zalando.de
ISIN:	DE000ZAL1111
WKN:	ZAL111
Indices:	MDAX
Listed:	Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange

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