Ad-hoc | 18 October 2016 22:07
Zalando SE: PRELIMINARY FIGURES: ZALANDO GROWS GROUP REVENUES BY 16-18% TO EUR 827-841 MILLION AT 1.0-3.0% ADJUSTED EBIT MARGIN IN Q3 AND RAISES FULL-YEAR EBIT MARGIN GUIDANCE FOR 2016 TO 5.0-6.0%
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DGAP-Ad-hoc: Zalando SE / Key word(s): 9-month figures/Change in Forecast
BERLIN, OCTOBER 18, 2016 // Zalando SE, Europe’s leading online platform for fashion, grew group revenues in the third quarter of 2016 to EUR 827- 841 million or by 16-18% (Q3 2015: EUR 713 million), according to preliminary figures. Zalando expects to achieve an adjusted EBIT* of EUR 8- 25 million, corresponding to an adjusted EBIT margin of 1.0-3.0% (Q3 2015: EUR -24 million, -3.3%). In the first nine months of 2016 Zalando achieved revenues of EUR 2,540-2,554 million, growing by around 22% (first nine months 2015: EUR 2,090 million). Adjusted EBIT for the first nine months is expected to come in at EUR 109-126 million, a margin of around 4.6% at the mid-point of the range (first nine months 2015: EUR 36 million, 1.7%). As a result, Zalando reiterates its guidance of strong full-year revenue growth at the upper end of the 20-25% growth corridor and increases its full-year adjusted EBIT margin guidance to 5.0-6.0%. All figures reported herein are preliminary and unaudited. Full financial disclosure for the third quarter will be published on November 10, 2016. Person making the notification: Dr. Ansgar Schoenborn, Head of Corporate Law * “Adjusted EBIT” as defined in the Annual Report 2015, p 195 (available at https://corporate.zalando.de).
2016-10-18 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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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 Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange | |
| End of News | DGAP News Service |