Zalando SE: Zalando Expects Adjusted EBIT in First Quarter of 2019 above Market Consensus

DGAP-News: Zalando SE / Key word(s): Quarterly / Interim Statement/Quarterly / Interim Statement Zalando SE: Zalando Expects Adjusted EBIT in First Quarter of 2019 above Market Consensus 15.04.2019 / 21:19 The issuer is solely responsible for the content of this announcement. 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. 15.04.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

Language:	English
Company:	Zalando SE
	Valeska-Gert-Straße 5
	10243 Berlin
	Germany
E-mail:	[e-mail]
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
EQS News ID:	800323

End of News	DGAP News Service

800323  15.04.2019