DGAP-News: Zalando SE / Key word(s): Preliminary Results/Final Results
BERLIN, JANUARY 17, 2018 // Zalando SE, Europe's leading online platform for fashion, grew group revenues in the fourth quarter of 2017 to EUR 1,323-1,345 million or by 21.2-23.2% (Q4 2016: EUR 1,091.6 million), according to preliminary figures. For the same period, Zalando expects to achieve an adjusted EBIT of EUR 107-120 million, corresponding to an adjusted EBIT margin of 8.1-8.9% (Q4 2016: EUR 95.6 million, 8.8% margin). In the fiscal year 2017, Zalando achieved preliminary results in line with its guidance: The company recorded revenues of EUR 4,478-4,500 million, growing by 23.1-23.7% (FY 2016: EUR 3,639 million). Adjusted EBIT for the same period is expected to come in at a margin of 4.7-4.9% or EUR 209-222 million (FY 2016: EUR 216.3 million, 5.9% margin). Co-CEO Rubin Ritter says: "We pulled off a strong finish to the year, despite a challenging October. In 2017 we delivered on our promise of profitable growth. We are excited to continue on this path also in 2018 and beyond. Our focus will remain on strong market share gains, facilitated through continued investments." All figures reported herein are preliminary and unaudited. Full financial disclosure for the fourth quarter and financial year 2017, together with the guidance for the financial year 2018, will be published on March 1, 2018. NOTES TO EDITORS
ABOUT ZALANDO
CONTACT ZALANDO
17.01.2018 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
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 |
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