ZALANDO SE
Cover
| Zalando group financials as of Q2/22 |
| 1_Key figures |
| 2_Customer KPI development |
| 3_Income statement |
| 4_Segment performance |
| 5_Balance sheet |
| 6_Cash flow statement |
| For information purpose only. Please be aware that the decisive figures are reflected respective in the financial reports. |
| Definitions are available in the financial reports. |
| The financial reports are available on: https://corporate.zalando.com/en/investor-relations/publications |
F i n a n c i a l s
1_Group key figures
| Zalando group key figures as of Q2/22 | |||||||||||||||||||||||||||
| Year FY/14 | Year FY/15 | Year FY/16 | Year FY/17 | Year FY/18 | Quarter Q1/19 | Quarter Q2/19 | Half-Year H1/19 | Quarter Q3/19 | Quarter Q4/19 | Year FY/19 | Quarter Q1/20 | Quarter Q2/20 | Half-Year H1/20 | Quarter Q3/20 | Quarter Q4/20 | Year FY/20 | Quarter Q1/21 | Quarter Q2/21 | HY1/21 | Quarter Q3/21 | Quarter Q4/21 | Year FY/21 | Quarter Q1/22 | Quarter Q2/22 | Year FY/22 | Check | |
| Results of operations | |||||||||||||||||||||||||||
| Group key performance indicators | |||||||||||||||||||||||||||
| Active customers (m) | 14.7 | 17.9 | 19.9 | 23.1 | 26.4 | 27.2 | 28.3 | 28.3 | 29.5 | 31.0 | 31.0 | 31.9 | 34.1 | 34.1 | 35.6 | 38.7 | 38.7 | 41.8 | 44.5 | 44.5 | 46.3 | 48.5 | 48.5 | 48.8 | 49.3 | 49.3 | 20.01.2022 |
| Number of orders (m) | 41.4 | 55.3 | 69.2 | 90.5 | 116.2 | 31.4 | 36.1 | 67.6 | 34.7 | 42.6 | 144.9 | 37.0 | 46.5 | 83.5 | 44.0 | 58.0 | 185.5 | 56.0 | 65.6 | 121.6 | 55.8 | 74.8 | 252.2 | 58.0 | 67.8 | 125.8 | 20.01.2022 |
| Average order per active customer (LTM) | 2.82x | 3.08x | 3.48x | 3.92x | 4.40x | 4.49x | 4.57x | 4.53x | 4.63x | 4.68x | 4.68x | 4.72x | 4.72x | 4.72x | 4.78x | 4.79x | 4.79x | 4.90x | 5.0x | 5.0x | 5.1x | 5.2x | 5.2x | 5.2x | 5.2x | 5.2x | 20.01.2022 |
| Average basket size (in EUR) (LTM) | - | - | - | 60.6 | 57.2 | 57.0 | 56.7 | 56.7 | 56.5 | 56.6 | 56.6 | 56.4 | 56.9 | 56.9 | 57.2 | 57.7 | 57.7 | 57.9 | 57.7 | 57.7 | 57.5 | 56.9 | 56.9 | 56.5 | 55.9 | 55.0 | 20.01.2022 |
| Results of operations | |||||||||||||||||||||||||||
| Gross merchandise volume (GMV) (in EUR bn) | - | - | - | 5.48 | 6.64 | 1.75 | 2.02 | 3.77 | 1.89 | 2.54 | 8.20 | 2.03 | 2.71 | 4.72 | 2.46 | 3.50 | 10.70 | 3.15 | 3.78 | 6.93 | 3.07 | 4.34 | 14.34 | 3.20 | 3.20 | 6.94 | 20.01.2022 |
| Revenue (in EUR m) | 2,214.0 | 2,958.2 | 3,639.0 | 4,489.0 | 5,387.9 | 1,378.2 | 1,597.3 | 2,975.5 | 1,521.1 | 1,985.9 | 6,482.5 | 1,524.2 | 2,034.7 | 3,558.9 | 1,849.8 | 2,573.3 | 7,982.0 | 2,237.8 | 2,733.1 | 4,970.9 | 2,283.4 | 3,099.7 | 10,354.0 | 2,205.0 | 2,623.0 | 4,828.1 | 20.01.2022 |
| EBIT (in EUR m) | 62.1 | 89.6 | 207.0 | 187.6 | 119.2 | (18.4) | 92.0 | 73.6 | (6.9) | 99.1 | 165.8 | (113.1) | 198.4 | 85.3 | 105.1 | 176.6 | 367.0 | 78.6 | 186.4 | 265.0 | (4.6) | 164.3 | 424.7 | (68.1) | 61.0 | (7.1) | 20.01.2022 |
| EBIT (as % of revenue) | 2.8% | 3.0% | 5.7% | 4.2% | 2.2% | (1.3%) | 5.8% | 2.5% | (0.5%) | 5.0% | 2.6% | (7.4%) | 9.8% | 2.4% | 5.7% | 6.9% | 4.6% | 3.5% | 6.8% | 5.3% | (0.2%) | 5.3% | 4.1% | (3.1%) | 2.3% | (0.1%) | 20.01.2022 |
| Adjusted EBIT (in EUR m) | 82.0 | 107.5 | 216.3 | 215.1 | 173.4 | 6.4 | 101.7 | 108.1 | 6.3 | 110.4 | 224.9 | (98.6) | 211.9 | 113.3 | 118.2 | 189.3 | 420.8 | 93.3 | 184.1 | 277.4 | 9.8 | 181.2 | 468.4 | (51.8) | 77.4 | 25.6 | 20.01.2022 |
| Adjusted EBIT (as % of revenue) | 3.7% | 3.6% | 5.9% | 4.8% | 3.2% | 0.5% | 6.4% | 3.6% | 0.4% | 5.6% | 3.5% | (6.5%) | 10.4% | 3.2% | 6.4% | 7.4% | 5.3% | 4.2% | 6.7% | 5.6% | 0.4% | 5.8% | 4.5% | (2.4%) | 3.0% | 0.5% | 20.01.2022 |
| EBITDA (in EUR m) | 88.0 | 123.8 | 255.2 | 246.4 | 205.7 | 24.4 | 143.3 | 167.7 | 39.5 | 153.4 | 360.7 | (62.5) | 250.7 | 188.2 | 156.9 | 236.4 | 581.5 | 131.9 | 243.7 | 375.5 | 53.9 | 230.7 | 660.1 | (6.4) | 127.5 | 121.1 | 20.01.2022 |
| EBITDA (as % of revenue) | 4.0% | 4.2% | 7.0% | 5.5% | 3.8% | 1.8% | 9.0% | 5.6% | 2.6% | 7.7% | 5.6% | (4.1%) | 12.3% | 5.3% | 8.5% | 9.2% | 7.3% | 5.9% | 8.9% | 7.6% | 2.4% | 7.4% | 6.4% | (0.3%) | 4.9% | 2.5% | 20.01.2022 |
| Adjusted EBITDA (in EUR m) | 107.8 | 141.7 | 264.5 | 273.8 | 259.9 | 49.2 | 153.1 | 202.3 | 52.7 | 164.7 | 419.7 | (48.0) | 264.1 | 216.1 | 170.1 | 249.1 | 635.3 | 146.6 | 241.4 | 388.0 | 68.3 | 247.6 | 703.8 | 9.9 | 143.9 | 153.8 | 20.01.2022 |
| Adjusted EBITDA (as % of revenue) | 4.9% | 4.8% | 7.3% | 6.1% | 4.8% | 3.6% | 9.6% | 6.8% | 3.5% | 8.3% | 6.5% | (3.2%) | 13.0% | 6.1% | 9.2% | 9.7% | 8.0% | 6.6% | 8.8% | 7.8% | 3.0% | 8.0% | 6.8% | 0.4% | 5.5% | 3.2% | 20.01.2022 |
| Financial position (in EUR m) | |||||||||||||||||||||||||||
| Net working capital | (3.6) | (2.6) | (127.6) | (62.4) | (84.3) | (12.4) | (78.6) | (78.6) | (69.7) | (147.7) | (147.7) | 41.3 | (31.2) | (31.2) | (222.6) | (87.4) | (87.4) | 87.9 | 12.8 | 12.8 | 118.1 | (162.1) | (162.1) | 160.3 | 206.6 | 206.6 | 20.01.2022 |
| Cash flow from operating activities | 174.9 | 119.4 | 275.8 | 193.7 | 212.8 | (58.6) | 143.2 | 84.6 | (0.7) | 243.3 | 327.2 | (260.8) | 385.8 | 124.9 | 212.2 | 190.1 | 527.4 | (102.9) | 361.8 | 258.9 | (187.3) | 544.5 | 616.2 | (461.5) | 136.2 | (325.3) | 20.01.2022 |
| Cash flow from investing activities | (51.9) | (196.5) | (277.1) | (88.3) | (207.0) | (24.4) | (56.8) | (81.1) | (88.0) | (121.1) | (290.3) | (41.8) | (43.3) | (85.1) | 0.8 | (133.6) | (217.8) | (39.8) | (51.8) | (91.6) | (60.5) | (183.8) | (335.9) | (70.2) | (77.5) | (147.7) | 20.01.2022 |
| Free cash flow | 123.8 | 42.6 | 63.7 | (85.0) | (13.8) | (78.4) | 86.4 | 8.1 | (88.7) | 122.2 | 41.6 | (302.6) | 342.5 | 39.9 | 213.1 | 31.5 | 284.5 | (142.7) | 310.3 | 167.6 | (245.0) | 360.6 | 283.2 | (531.7) | 56.2 | (475.5) | 20.01.2022 |
| Cash capex | (51.1) | (60.0) | (181.7) | (243.9) | (278.4) | (42.3) | (55.1) | (97.4) | (88.0) | (121.1) | (306.5) | (47.8) | (43.3) | (91.1) | (31.9) | (127.1) | (250.0) | (39.8) | (51.6) | (91.4) | (57.7) | (183.9) | (332.9) | (66.3) | (74.5) | (140.7) | Input needed |
| Cash and cash equivalents | 1,051.0 | 976.2 | 972.6 | 1,065.5 | 995.0 | 869.8 | 954.4 | 1,824.2 | 867.0 | 976.5 | 976.5 | 1,034.0 | 1,377.50 | 1,377.50 | 2,596.1 | 2,644.0 | 2,644.0 | 2,123.9 | 2,298.7 | 2,298.7 | 1,949.1 | 2,287.9 | 2,287.9 | 1,594.8 | 1,631.1 | 1,631.1 | 20.01.2022 |
| Other | |||||||||||||||||||||||||||
| Employees (as of reporting date) | 7,588 | 9,987 | 11,998 | 15,091 | 15,619 | 15,528 | 13,965 | 13,965 | 13,693 | 13,763 | 13,763 | 13,825 | 13,744 | 13,744 | 13,709 | 14,194 | 14,194 | 14,986 | 15,822 | 15,822 | 16,619 | 17,043 | 17,043 | 17,199 | 17,069 | 17,069 | 20.01.2022 |
| Basic earnings per share (in EUR) | 0.2 | 0.5 | 0.5 | 0.4 | 0.2 | (0.1) | 0.2 | 0.1 | (0.1) | 0.4 | 0.4 | (0.4) | 0.5 | 0.1 | 0.2 | 0.9 | 0.9 | 0.0 | 0.5 | 0.6 | (0.03) | 0.9 | 0.9 | (0.2) | 0.1 | (0.2) | 20.01.2022 |
F i n a n c i a l s
2_Customer KPI development
| Zalando group customer KPI development as of Q2/22 | ||||||||||||||||||||||||||
| Year FY/14 | Year FY/15 | Year FY/16 | Year FY/17 | Year FY/18 | Quarter Q1/19 | Quarter Q2/19 | Half-Year H1/19 | Quarter Q3/19 | Quarter Q4/19 | Year FY/19 | Quarter Q1/20 | Quarter Q2/20 | Half-Year H1/20 | Quarter Q3/20 | Quarter Q4/20 | Year FY/20 | Quarter Q1/21 | Quarter Q2/21 | Half-year H1/21 | Quarter Q3/21 | Quarter Q4/21 | Year FY/21 | Quarter Q1/22 | Quarter Q2/22 | Year FY/22 | |
| Results of operations | ||||||||||||||||||||||||||
| Active customers (m) | 14.7 | 17.9 | 19.9 | 23.1 | 26.4 | 27.2 | 28.3 | 28.3 | 29.5 | 31.0 | 31.0 | 31.9 | 34.1 | 34.1 | 35.6 | 38.7 | 38.7 | 41.8 | 44.5 | 44.5 | 46.3 | 48.5 | 48.5 | 48.8 | 49.3 | 49.3 |
| Number of orders (m) | 41.4 | 55.3 | 69.2 | 90.5 | 116.2 | 31.4 | 36.1 | 67.6 | 34.7 | 42.6 | 144.9 | 37.0 | 46.5 | 83.5 | 44.0 | 58.0 | 185.5 | 56.0 | 65.6 | 121.6 | 55.8 | 74.8 | 252.2 | 58.0 | 67.8 | 125.8 |
| Average order per active customer (LTM) | 2.82x | 3.08x | 3.48x | 3.92x | 4.40x | 4.49x | 4.57x | 4.57x | 4.63x | 4.68x | 4.68x | 4.72x | 4.72x | 4.72x | 4.78x | 4.79x | 4.79x | 4.90x | 5.00x | 5.00x | 5.10x | 5.2 x | 5.2 x | 5.2 x | 5.2 x | 5.2 x |
| Average basket size (in EUR) (LTM) | - | - | - | 60.6 | 57.2 | 57.0 | 56.7 | 56.7 | 56.5 | 56.6 | 56.6 | 56.1 | 56.9 | 56.9 | 57.2 | 57.7 | 57.7 | 57.9 | 57.7 | 57.1 | 57.5 | 56.9 | 56.9 | 56.5 | 55.9 | 55.0 |
| Average basket size (in EUR) (quarter) | - | - | - | 60.6 | 57.2 | 55.6 | 56.0 | 55.8 | 54.5 | 59.6 | 56.6 | 54.7 | 58.3 | 56.6 | 56.0 | 60.5 | 57.7 | 56.3 | 57.7 | 57.1 | 55.3 | 58.1 | 56.9 | 54.9 | 55.8 | 55.8 |
| 1) Based on the change in consent management following the privacy requirements, part of the data is estimated on a statistical method |
F i n a n c i a l s
3_Group income statement
| Zalando group income statement (in EUR m) as of Q2/22 | |||||||||||||||||||||||||||
| Year FY/14 | Year FY/15 | Year FY/16 | Year FY/17 | Year FY/18 | Quarter Q1/19 | Quarter Q2/19 | Half-Year H1/19 | Quarter Q3/19 | Quarter Q4/19 | Year FY/19 | Quarter Q1/20 | Quarter Q2/20 | Half-Year H1/20 | Quarter Q3/20 | Quarter Q4/20 | Year FY/20 | Quarter Q1/21 | Quarter Q2/21 | Half-year H1/21 | Quarter Q3/21 | Quarter Q4/21 | Year FY/21 | Quarter Q1/22 | Quarter Q1/22 | Quarter Q2/22 | Year FY/22 | |
| Revenue | 2,214.0 | 2,958.2 | 3,639.0 | 4,489.0 | 5,387.9 | 1,378.2 | 1,597.3 | 2,975.5 | 1,521.1 | 1,985.9 | 6,482.5 | 1,524.2 | 2,034.7 | 3,558.9 | 1,849.8 | 2,573.3 | 7,982.0 | 2,237.8 | 2,733.1 | 4,970.9 | 2,283.4 | 3,099.7 | 10,354.0 | 2,205.0 | 2,205.0 | 2,623.0 | 4,828.1 |
| % growth | 25.7% | 33.6% | 23.0% | 23.4% | 20.0% | 15.2% | 20.1% | 17.8% | 26.7% | 19.5% | 20.3% | 10.6% | 27.4% | 19.6% | 21.6% | 29.6% | 23.1% | 46.8% | 34.3% | 39.7% | 23.4% | 20.5% | 29.7% | (78.7%) | (78.7%) | (4.0%) | (2.9%) |
| Cost of sales | (1255.3) | (1624.0) | (2029.6) | (2529.6) | (3107.0) | (828.7) | (866.9) | (1695.6) | (896.4) | (1132.2) | (3724.3) | (986.2) | (1131.4) | (2117.6) | (1029.2) | (1441.1) | (4587.8) | (1324.8) | (1524.2) | (2849.0) | (1397.9) | (1780.9) | (6027.7) | (1351.9) | (1351.9) | (1546.7) | (2898.5) |
| Gross profit | 958.7 | 1,334.1 | 1,609.4 | 1,959.4 | 2,280.9 | 549.5 | 730.4 | 1,279.9 | 624.7 | 853.8 | 2,758.2 | 538.0 | 903.3 | 1,441.3 | 820.7 | 1,132.2 | 3,394.2 | 913.0 | 1,208.9 | 2,122.0 | 885.5 | 1,318.8 | 4,326.2 | 853.2 | 853.2 | 1,076.4 | 1,929.6 |
| % margin | 43.3% | 45.1% | 44.2% | 43.6% | 42.3% | 39.9% | 45.7% | 43.0% | 41.1% | 43.0% | 42.5% | 35.3% | 44.4% | 40.5% | 44.4% | 44.0% | 42.5% | 40.8% | 44.2% | 42.7% | 38.8% | 42.5% | 41.8% | 38.7% | 38.7% | 41.0% | 40.0% |
| Selling and distribution costs | (793.8) | (1,118.9) | (1,223.7) | (1,530.8) | (1,899.2) | (492.8) | (567.2) | (1,060.1) | (560.2) | (674.9) | (2,295.1) | (579.7) | (622.5) | (1,202.1) | (638.4) | (875.5) | (2,716.0) | (743.8) | (929.8) | (1,673.6) | (801.8) | (1,054.2) | (3,529.6) | (818.9) | (818.9) | (891.9) | (1,710.8) |
| Administrative expenses | (109.1) | (129.0) | (191.3) | (242.9) | (268.9) | (77.8) | (70.3) | (148.1) | (72.9) | (77.9) | (298.9) | (84.2) | (81.5) | (165.7) | (80.1) | (73.3) | (319.2) | (92.1) | (107.8) | (199.9) | (91.1) | (102.1) | (393.2) | (107.3) | (107.3) | (126.3) | (233.6) |
| Other operating income | 12.2 | 10.2 | 16.7 | 11.8 | 18.7 | 5.2 | 3.8 | 9.0 | 1.8 | 7.4 | 18.2 | 14.1 | 1.5 | 15.6 | 3.7 | 7.4 | 26.7 | 2.5 | 17.4 | 19.9 | 5.7 | 7.1 | 32.8 | 7.4 | 7.4 | 4.4 | 11.8 |
| Other operating expenses | (5.8) | (7.0) | (4.1) | (9.9) | (12.3) | (2.5) | (4.6) | (7.1) | (0.2) | (9.2) | (16.6) | (1.3) | (2.3) | (3.7) | (0.9) | (14.2) | (18.7) | (1.0) | (2.4) | (3.4) | (2.9) | (5.3) | (11.5) | (2.5) | (2.5) | (1.5) | (4.0) |
| EBIT | 62.1 | 89.6 | 207.0 | 187.6 | 119.2 | (18.4) | 92.0 | 108.1 | (6.9) | 99.1 | 165.8 | (113.1) | 198.4 | 85.3 | 105.1 | 176.6 | 367.0 | 78.6 | 186.4 | 265.0 | (4.6) | 164.3 | 424.7 | (68.1) | (68.1) | 61.0 | (7.1) |
| % margin | 2.8% | 3.0% | 5.7% | 4.2% | 2.2% | (1.3%) | 5.8% | 3.6% | (0.5%) | 5.0% | 2.6% | (7.4%) | 9.8% | 2.4% | 5.7% | 6.9% | 4.6% | 3.5% | 6.8% | 5.3% | (0.2%) | 5.3% | 4.1% | (3.1%) | (3.1%) | 2.3% | (0.1%) |
| Net financial result | (4.5) | (3.0) | (14.1) | (12.4) | (13.6) | (2.8) | (5.7) | (8.5) | (11.7) | (0.7) | (20.9) | (20.7) | (0.7) | (21.4) | (14.3) | (12.9) | (48.6) | (27.5) | (11.9) | (39.5) | (20.7) | (10.3) | (70.4) | (21.3) | (21.3) | (2.2) | (23.6) |
| EBT | 57.7 | 86.6 | 192.9 | 175.2 | 105.6 | (21.2) | 86.3 | 99.7 | (18.6) | 98.4 | 144.9 | (133.8) | 197.7 | 64.0 | 90.8 | 163.7 | 318.5 | 51.0 | 174.5 | 225.5 | (25.3) | 154.0 | 354.3 | (89.5) | (89.5) | 58.8 | (30.6) |
| % margin | 2.6% | 2.9% | 5.3% | 3.9% | 2.0% | (1.5%) | 5.4% | 3.6% | (1.2%) | 5.0% | 2.2% | (8.8%) | 9.7% | 1.8% | 4.9% | 6.4% | 4.0% | 2.3% | 6.4% | 4.5% | (1.1%) | 5.0% | 3.4% | (4.1%) | (4.1%) | 2.2% | (0.6%) |
| Income and other tax | (10.5) | 34.9 | (72.5) | (73.6) | (54.4) | 3.6 | (40.8) | (37.2) | 5.0 | (13.0) | (45.2) | 47.3 | (75.1) | (27.8) | (32.3) | (32.3) | (92.4) | (16.5) | (54.1) | (70.6) | 16.9 | (66.0) | (119.7) | 28.2 | 28.2 | (44.8) | (16.7) |
| Net income | 47.2 | 121.5 | 120.5 | 101.6 | 51.2 | (17.6) | 45.5 | 27.9 | (13.6) | 85.4 | 99.7 | (86.4) | 122.6 | 36.2 | 58.5 | 131.4 | 226.1 | 34.5 | 120.4 | 154.9 | (8.4) | 88.0 | 234.5 | (61.3) | (61.3) | 14.0 | (47.3) |
| % margin | 2.1% | 4.1% | 3.3% | 2.3% | 0.9% | (1.3%) | 2.8% | 0.9% | (0.9%) | 4.3% | 1.5% | (5.7%) | 6.0% | 1.0% | 3.2% | 5.1% | 2.8% | 1.5% | 4.4% | 3.1% | (0.4%) | 2.8% | 2.3% | (2.8%) | (2.8%) | 0.5% | (1.0%) |
| Depreciation & amortization | 25.8 | 34.2 | 48.2 | 58.7 | 86.5 | 42.8 | 51.3 | 94.1 | 46.4 | 54.3 | 194.8 | 50.6 | 52.2 | 102.8 | 51.8 | 59.8 | 214.5 | 53.3 | 57.3 | 110.5 | 58.5 | 66.4 | 235.4 | 61.7 | 61.7 | 66.5 | 128.2 |
| EBITDA | 88.0 | 123.8 | 255.2 | 246.4 | 205.7 | 24.4 | 143.3 | 167.7 | 39.5 | 153.4 | 360.6 | (62.5) | 250.7 | 188.2 | 156.9 | 236.4 | 581.5 | 131.8 | 243.7 | 375.5 | 53.9 | 230.7 | 660.1 | (6.4) | (6.4) | 127.5 | 121.1 |
| % margin | 4.0% | 4.2% | 7.0% | 5.5% | 3.8% | 1.8% | 9.0% | 5.6% | 2.6% | 7.7% | 5.6% | (4.1%) | 12.3% | 5.3% | 8.5% | 9.2% | 7.3% | 5.9% | 8.9% | 7.6% | 2.4% | 7.4% | 6.4% | (0.3%) | (0.3%) | 4.9% | 2.5% |
| Share based compensation (SBC) | 19.8 | 17.9 | 19.9 | 27.5 | 43.3 | 11.8 | 9.738701110000010 | 21.5 | 13.2 | 11.3 | 46.0 | 14.5 | 13.5 | 27.9 | 13.2 | 12.7 | 53.8 | 14.8 | 11.3 | 26.0 | 14.3 | (16.9) | (57.3) | (16.3) | (16.3) | (16.4) | (32.7) |
| Restructuring costs/non-operating one-time effects | 0.0 | 0.0 | (10.6) | 0.0 | 10.9 | 13.0 | 0 | 13.0 | 0.0 | 0.0 | 13.1 | 0.0 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Adj. EBIT | 82.0 | 107.5 | 216.3 | 215.1 | 173.4 | 6.4 | 101.7 | 108.1 | 6.3 | 110.4 | 224.9 | (98.6) | 211.9 | 113.3 | 118.2 | 189.3 | 420.8 | 93.3 | 184.1 | 277.4 | 9.8 | 181.2 | 468.4 | (51.8) | (51.8) | 77.4 | 25.6 |
| % margin | 3.7% | 3.6% | 5.9% | 4.8% | 3.2% | 0.5% | 6.4% | 3.6% | 0.4% | 5.6% | 3.5% | (6.5%) | 10.4% | 3.2% | 6.4% | 7.4% | 5.3% | 4.2% | 6.7% | 5.6% | 0.4% | 5.8% | 4.5% | (2.4%) | (2.4%) | 3.0% | 0.5% |
| Adj. EBITDA | 107.8 | 141.7 | 264.5 | 273.8 | 259.9 | 49.2 | 153.1 | 202.3 | 52.7 | 164.7 | 419.7 | (48.0) | 264.1 | 216.1 | 170.1 | 249.1 | 635.3 | 146.6 | 241.3 | 388.0 | 68.3 | 247.6 | 703.8 | 9.9 | 9.9 | 143.9 | 153.8 |
| % margin | 4.9% | 4.8% | 7.3% | 6.1% | 4.8% | 3.6% | 9.6% | 6.8% | 3.5% | 8.3% | 6.5% | (3.2%) | 13.0% | 6.1% | 9.2% | 9.7% | 8.0% | 6.6% | 8.8% | 7.8% | 3.0% | 8.0% | 6.8% | 0.4% | 0.4% | 5.5% | 3.2% |
F i n a n c i a l s
4_Segment performance
| Segment performance as of Q2/22 | |||||||||||||||||||||||||||
| Year FY/14 | Year FY/15 | Year FY/16 | Year FY/17 | Year FY/18 | Quarter Q1/19 | Quarter Q2/19 | Half-Year H1/19 | Quarter Q3/19 | Quarter Q4/19 | Year FY/19 | Quarter Q1/20 | Quarter Q2/20 | Half-Year H1/20 | Quarter Q3/20 | Quarter Q4/20 | Year FY/20 | Quarter Q1/21 | Quarter Q2/21 | Half-year H1/21 | Quarter Q3/21 | Quarter Q4/21 | Year FY/21 | Quarter Q1/22 | Quarter Q1/22 | Quarter Q2/22 | Year FY/22 | |
| Revenue (in EUR m) | 2,214.0 | 2,958.2 | 3,639.0 | 4,489.0 | 5,387.9 | 1,378.2 | 1,597.3 | 2,975.5 | 1,521.1 | 1,985.9 | 6,482.5 | 1,524.2 | 2,034.7 | 3,558.9 | 1,849.8 | 2,573.3 | 7,982.0 | 2,237.8 | 2,733.1 | 4,970.9 | 2,283.4 | 3,099.7 | 10,354.0 | 2,205.0 | 2205.0441 | 2,623.0 | 4,828.1 |
| Fashion Store | - | - | - | 4,150.5 | 4,967.7 | 1,268.5 | 1,478.1 | 2,746.6 | 1,397.8 | 1,820.5 | 5,964.9 | 1,391.6 | 1,870.2 | 3,261.8 | 1,664.3 | 2,331.6 | 7,257.7 | 2,009.2 | 2,490.8 | 4,500.0 | 2,058.4 | 2,783.9 | 9,342.3 | 1,988.5 | 1,988.5 | 2,376.7 | 4,365.3 |
| thereof DACH | - | 1,580.1 | 1,813.8 | 2,150.0 | 2,483.7 | 621.7 | 732.0 | 1,353.7 | 666.7 | 876.9 | 2,897.2 | 663.6 | 863.4 | 1,527.0 | 764.5 | 1,027.5 | 3,319.0 | 921.0 | 1,159.3 | 2,080.3 | 916.7 | 1,223.6 | 4,220.9 | 883.9 | 883.8908551 | 1,070.5 | 1,954.4 |
| thereof Rest of Europe | - | 1,211.6 | 1,570.2 | 2,000.4 | 2,484.0 | 646.8 | 746.1 | 1,392.9 | 731.1 | 943.6 | 3,067.7 | 728.0 | 1,006.8 | 1,734.8 | 899.8 | 1,304.0 | 3,938.7 | 1,088.3 | 1,331.4 | 2,419.7 | 1,141.4 | 1,560.3 | 5,121.4 | 1,104.7 | 1,104.7 | 1,306.2 | 2,410.9 |
| Offprice | - | - | - | 345.3 | 497.5 | 136.8 | 155.7 | 292.5 | 160.4 | 206.6 | 659.4 | 184.7 | 252.2 | 437.0 | 260.5 | 280.6 | 978.1 | 317.9 | 360.5 | 678.3 | 360.6 | 418.6 | 1,457.5 | 312.6 | 312.6184218 | 376.2 | 688.8 |
| Other | - | 166.5 | 255.1 | 345.3 | 444.8 | 102.6 | 45.2 | 147.8 | 42.2 | 62.2 | 252.3 | 37.4 | 40.1 | 77.5 | 43.2 | 75.3 | 196.0 | 58.7 | 66.8 | 125.5 | 73.2 | 104.1 | 302.8 | 58.9 | 58.9 | 81.9 | 140.8 |
| Reconciliation | - | - | - | (352.0) | (522.0) | (129.7) | (81.7) | (211.4) | (79.4) | (103.3) | (394.1) | (89.6) | (127.8) | (217.4) | (118.2) | (114.2) | (449.8) | (148.0) | (184.9) | (332.9) | (208.8) | (206.9) | (748.6) | (155.0) | -155.0116859 | (211.7) | (366.7) |
| Adjusted EBIT (in EUR m) | 82.0 | 107.5 | 216.3 | 215.1 | 173.4 | 6.4 | 101.7 | 108.1 | 6.3 | 110.4 | 224.9 | (98.6) | 211.9 | 113.3 | 118.2 | 189.3 | 420.8 | 93.3 | 184.1 | 277.4 | 9.8 | 181.2 | 468.4 | (51.8) | -51.84191 | 77.4 | 25.6 |
| Fashion Store | - | 213.7 | 162.0 | 8.4 | 103.6 | 112.0 | 9.5 | 98.4 | 219.9 | (99.6) | 198.1 | 98.5 | 89.0 | 154.2 | 341.7 | 65.5 | 155.6 | 221.1 | 10.9 | 117.5 | 349.5 | (60.2) | (60.2) | 61.0 | 0.8 | ||
| thereof DACH | - | 101.9 | 226.3 | 193.5 | 139.9 | 26.3 | 67.5 | 93.8 | 40.1 | 85.5 | 219.5 | (11.6) | 124.4 | 112.8 | 68.7 | 106.9 | 288.4 | 83.0 | 119.9 | 202.9 | 52.4 | 110.4 | 365.7 | 22.2 | 22.16399 | 52.4 | 72.3 |
| thereof Rest of Europe | - | (3.3) | (3.3) | 20.3 | 22.0 | (18.0) | 36.1 | 18.2 | (30.7) | 12.9 | 0.4 | (88.0) | 73.7 | (14.3) | 20.2 | 47.3 | 53.3 | (17.5) | 35.7 | 18.2 | (41.6) | 7.0 | (16.3) | (82.3) | (82.3) | 8.6 | (71.5) |
| Offprice | - | - | - | 27.6 | 35.2 | 3.8 | 6.9 | 10.7 | 3.2 | 13.7 | 27.7 | 7.8 | 15.8 | 23.6 | 28.3 | 36.1 | 88.0 | 25.9 | 27.0 | 52.9 | (3.0) | 54.8 | 104.8 | 6.5 | 6.481499 | 9.5 | 15.9 |
| Other | - | 8.9 | (6.7) | (26.3) | (24.4) | (6.2) | (8.9) | (15.1) | (6.4) | (1.7) | (23.3) | (6.8) | (1.3) | (8.1) | (3.9) | 2.9 | (9.1) | 0.4 | (0.3) | 0.1 | 2.4 | 7.2 | 9.7 | (0.9) | (0.9) | 7.6 | 6.7 |
| Reconciliation | - | - | - | 0.0 | 0.7 | 0.4 | 0.1 | 0.5 | 0.1 | 0.0 | 0.6 | 0.0 | (0.7) | (0.7) | 4.8 | (3.9) | 0.2 | 1.4 | 1.8 | 3.2 | (0.5) | 1.7 | 4.4 | 2.7 | 2.727965 | (0.6) | 2.1 |
| Adjusted EBIT margin (in %) | 3.7% | 3.6% | 5.9% | 4.8% | 3.2% | 0.5% | 6.4% | 3.6% | 0.4% | 5.6% | 3.5% | -6.5% | 10.4% | 3.2% | 6.4% | 7.4% | 5.3% | 4.2% | 6.7% | 5.6% | 0.4% | 5.8% | 4.5% | (2.4%) | -0.0235106000827829 | 3.0% | 0.5% |
| Fashion Store | - | - | - | 5.2% | 3.3% | 0.7% | 7.0% | 4.1% | 0.7% | 5.4% | 3.7% | (7.2%) | 10.6% | 3.0% | 5.3% | 6.6% | 4.7% | 3.3% | 6.2% | 4.9% | 0.5% | 4.2% | 3.7% | (3.0%) | (3.0%) | 2.6% | 0.0% |
| Fashion Store - DACH | - | 6.4% | 12.5% | 9.0% | 5.6% | 4.2% | 9.2% | 6.9% | 6.0% | 9.8% | 7.6% | (1.7%) | 14.4% | 7.4% | 9.0% | 10.4% | 8.7% | 9.0% | 10.3% | 9.8% | 5.7% | 9.0% | 8.7% | 2.5% | 0.0250754828745145 | 4.9% | 3.7% |
| Fashion Store - Rest of Europe | - | (0.3%) | (0.2%) | 1.0% | 0.9% | (2.8%) | 4.8% | 1.3% | (4.2%) | 1.4% | 0.0% | (12.1%) | 7.3% | (0.8%) | 2.2% | 3.6% | 1.4% | (1.6%) | 2.7% | 0.8% | (3.6%) | 0.5% | (0.3%) | (7.5%) | (7.5%) | 0.7% | (3.0%) |
| Offprice | - | - | - | 8.0% | 7.1% | 2.8% | 4.4% | 3.7% | 2.0% | 6.6% | 4.2% | 4.2% | 6.3% | 5.4% | 10.9% | 12.8% | 9.0% | 8.2% | 7.5% | 7.8% | (0.8%) | 13.1% | 7.2% | 2.1% | 0.0207329400573412 | 2.5% | 2.3% |
| Other | - | 5.3% | (7.6%) | (5.5%) | (6.0%) | (19.7%) | (10.2%) | (15.3%) | (2.7%) | (9.2%) | (18.2%) | (3.3%) | (10.5%) | (9.0%) | 3.9% | (4.6%) | 0.7% | (0.4%) | 0.1% | 3.2% | 6.9% | 3.2% | (1.5%) | (1.5%) | 9.3% | 4.8% | |
| Reconciliation | - | - | - | (0.4%) | 3.4% | (0.3%) | (0.2%) | (0.2%) | (0.1%) | 0.0% | (0.2%) | 0.0% | 0.6% | 0.3% | (4.1%) | 3.4% | (0.1%) | (0.9%) | (1.0%) | (1.0%) | 0.2% | (0.8%) | (0.6%) | (1.8%) | -0.017598447395507 | 0.3% | (0.6%) |
F i n a n c i a l s
5_Group balance sheet
| Zalando group balance sheet (in EUR m) as of Q2/22 | ||||||||||||||||||||||||||
| Year FY/14 | Year FY/15 | Year FY/16 | Year FY/17 | Year FY/18 | Quarter Q1/19 | Quarter Q2/19 | Half-Year H1/19 | Quarter Q3/19 | Year FY/19 | Quarter Q1/20 | Quarter Q2/20 | Half-Year H1/20 | Quarter Q3/20 | Quarter Q4/20 | Year FY/20 | Quarter Q1/21 | Quarter Q2/21 | Half-year H1/21 | Quarter Q3/21 | Quarter Q4/21 | Year FY/21 | Quarter Q1/22 | Quarter Q1/22 | Quarter Q2/22 | Year FY/22 | |
| Results of operations | ||||||||||||||||||||||||||
| Total non-current assets | 194.0 | 253.1 | 392.6 | 569.6 | 760.2 | 1,266.9 | 1,289.6 | 1,289.6 | 1,378.7 | 1,455.1 | 1,500.5 | 1,451.0 | 1,451.0 | 1,482.1 | 1,560.0 | 1,560.0 | 1,746.9 | 1,767.0 | 1,767.0 | 1,791.3 | 1,901.4 | 1,901.4 | 2,104.4 | 2104.39603 | 2,109.4 | 2,109.4 |
| thereof: Property, plant and equipment | 111.0 | 128.2 | 243.0 | 350.5 | 546.4 | 562.0 | 599.3 | 599.3 | 638.2 | 708.4 | 704.1 | 713.3 | 713.3 | 749.2 | 810.1 | 810.1 | 799.9 | 807.8 | 807.8 | 817.9 | 959.4 | 959.4 | 991.6 | 991.62995 | 1,020.0 | 1,020.0 |
| thereof: Lease assets | 490.6 | 477.5 | 477.5 | 521.0 | 525.6 | 519.4 | 509.8 | 509.8 | 498.5 | 479.8 | 479.8 | 659.6 | 591.0 | 591.0 | 592.2 | 584.2 | 584.2 | 727.5 | 727.5132 | 708.5 | 708.5 | |||||
| thereof: Other financial assets | 49.4 | 25.0 | 44.1 | 31.8 | 18.7 | 18.4 | 15.4 | 15.4 | 16.6 | 11.7 | 27.0 | 14.6 | 14.6 | 18.3 | 13.6 | 13.6 | 24.5 | 81.3 | 81.3 | 83.9 | 79.8 | 79.8 | 80.4 | 80.37402 | 86.7 | 86.7 |
| thereof: Non-financial assets | 3.7 | 3.5 | 3.0 | 3.5 | 3.8 | 3.6 | 13.0 | 13.0 | 12.4 | 7.3 | 10.3 | 7.7 | 7.7 | 6.2 | 5.1 | 5.1 | 4.9 | 5.0 | 5.0 | 4.5 | 3.9 | 3.9 | 5.8 | 5.79262 | 4.7 | 4.7 |
| thereof: Other non-current assets | 29.9 | 96.3 | 102.5 | 183.8 | 191.4 | 192.3 | 184.4 | 184.4 | 190.5 | 202.0 | 239.7 | 205.5 | 205.5 | 210.0 | 251.4 | 251.4 | 258.1 | 281.9 | 281.9 | 292.8 | 274.2 | 274.2 | 269.5 | 269.49651 | 269.8 | 269.8 |
| Total current assets | 1,591.6 | 1,863.5 | 2,145.6 | 2,410.7 | 2,473.5 | 2,491.6 | 2,497.5 | 2,497.5 | 2,837.4 | 2,878.0 | 3,094.5 | 3,229.5 | 3,229.5 | 4,947.8 | 4,934.8 | 4,934.8 | 4,807.2 | 4,976.6 | 4,976.6 | 4,978.4 | 4,995.6 | 4,995.6 | 4,690.4 | 4690.351 | 4,681.0 | 4,681.0 |
| thereof: Inventories | 348.4 | 493.5 | 576.9 | 778.9 | 819.5 | 985.4 | 862.9 | 862.9 | 1,267.4 | 1,098.3 | 1,312.3 | 1,017.7 | 1,017.7 | 1,476.2 | 1,361.2 | 1,361.2 | 1,759.1 | 1,550.7 | 1,550.7 | 1,920.8 | 1,547.4 | 1,547.4 | 1,952.8 | 1952.8276 | 1,758.6 | 1,758.6 |
| thereof: Trade and other receivables | 140.1 | 149.7 | 216.0 | 278.7 | 395.1 | 376.6 | 401.8 | 401.8 | 387.2 | 462.3 | 360.7 | 475.9 | 475.9 | 469.1 | 602.5 | 602.5 | 558.6 | 706.1 | 706.1 | 645.6 | 727.4 | 727.4 | 635.3 | 635.3063 | 695.1 | 695.1 |
| thereof: Other assets | 52.1 | 244.0 | 380.0 | 287.6 | 263.9 | 259.8 | 278.4 | 278.4 | 315.7 | 340.9 | 387.5 | 358.4 | 358.4 | 406.4 | 327.1 | 327.1 | 365.6 | 421.2 | 421.2 | 462.9 | 432.8 | 432.8 | 507.4 | 507.4202 | 596.2 | 596.2 |
| thereof: Cash and cash equivalents | 1,051.0 | 976.2 | 972.6 | 1,065.5 | 995.0 | 869.8 | 954.4 | 954.4 | 867.0 | 976.5 | 1,034.0 | 1,377.5 | 1,377.5 | 2,596.1 | 2,644.0 | 2,644.0 | 2,123.9 | 2,298.7 | 2,298.7 | 1,949.1 | 2,287.9 | 2,287.9 | 1,594.8 | 1594.79702 | 1,631.1 | 1,631.1 |
| Total assets | 1,785.5 | 2,116.5 | 2,538.2 | 2,980.3 | 3,233.7 | 3,758.5 | 3,787.2 | 3,787.2 | 4,216.0 | 4,333.1 | 4,595.0 | 4,680.5 | 4,680.5 | 6,429.9 | 6,494.8 | 6,494.8 | 6,554.1 | 6,743.6 | 6,743.6 | 6,769.7 | 6,897.0 | 6,897.0 | 6,794.7 | 6794.74703 | 6,790.4 | 6,790.4 |
| Total equity | 1,126.7 | 1,271.4 | 1,407.5 | 1,538.9 | 1,549.1 | 1,508.4 | 1,570.3 | 1,570.3 | 1,589.1 | 1,683.8 | 1,638.1 | 1,775.2 | 1,775.2 | 1,988.9 | 2,151.1 | 2,151.1 | 2,232.9 | 2,260.0 | 2,260.0 | 2,178.4 | 2,218.8 | 2,218.8 | 2,029.0 | 2029.031392 | 2,075.3 | 2,075.3 |
| thereof: Issued capital | 244.8 | 247.0 | 247.2 | 247.2 | 247.9 | 246.8 | 247.5 | 247.5 | 248.6 | 248.7 | 248.7 | 250.1 | 250.1 | 252.8 | 253.1 | 253.1 | 259.1 | 258.9 | 258.9 | 258.6 | 258.7 | 258.7 | 256.7 | 256.73249 | 257.2 | 257.2 |
| thereof: Capital reserves | 1,120.4 | 1,140.9 | 1,161.0 | 1,182.4 | 1,155.6 | 1,136.2 | 1,155.3 | 1,155.3 | 1,187.8 | 1,200.5 | 1,215.5 | 1,245.8 | 1,245.8 | 1,376.5 | 1,428.9 | 1,428.9 | 1,448.1 | 1,376.2 | 1,376.2 | 1,299.2 | 1,285.9 | 1,285.9 | 1,168.5 | 1168.47649 | 1,168.8 | 1,168.8 |
| thereof: Retained earnings | 0.9 | 1.4 | (2.4) | 8.7 | (4.9) | (7.6) | (11.0) | (11.0) | (13.0) | (15.6) | 10.2 | (6.9) | (6.9) | 14.8 | (7.3) | (7.3) | 14.5 | (6.5) | (6.5) | (2.5) | (37.0) | (37.0) | (45.5) | -45.466 | (14.5) | (14.5) |
| thereof: Accumulated loss | (239.4) | (118.0) | 1.6 | 100.7 | 150.7 | 133.1 | 178.6 | 178.6 | 165.9 | 250.4 | 163.8 | 286.4 | 286.4 | 345.0 | 476.6 | 476.6 | 511.3 | 631.7 | 631.7 | 623.3 | 711.3 | 711.3 | 649.3 | 649.288412 | 663.8 | 663.8 |
| thereof: Minority interests | (0.1) | (0.1) | (0.1) | (0.2) | (0.2) | (0.2) | (0.2) | (0.2) | (0.2) | (0.2) | (0.2) | (0.2) | (0.2) | (0.2) | (0.2) | (0.2) | (0.2) | (0.2) | (0.2) | 0.0 | 0 | 0.0 | 0.0 | |||
| Total non-current liabilities | 30.9 | 31.3 | 32.5 | 71.9 | 70.9 | 504.6 | 498.6 | 498.6 | 540.7 | 542.6 | 919.3 | 920.5 | 920.5 | 1,805.5 | 1,404.2 | 1,404.2 | 1,584.3 | 1,559.1 | 1,559.1 | 1,560.4 | 1,580.7 | 1,580.7 | 1,705.1 | 1705.129556 | 1,736.1 | 1,736.1 |
| thereof: Non-current lease liabilities | 17.6 | 14.4 | 11.2 | 8.4 | 5.6 | 442.0 | 433.0 | 433.0 | 474.2 | 481.4 | 477.5 | 471.1 | 471.1 | 461.8 | 443.0 | 443.0 | 609.8 | 590.1 | 590.1 | 585.8 | 579.0 | 579.0 | 713.3 | 713.31902 | 692.1 | 692.1 |
| thereof: Financial liabilities | 4.8 | 4.1 | 4.1 | 3.4 | 2.7 | 377.0 | 376.3 | 376.3 | 375.6 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0 | 0.0 | 0.0 | |||||
| thereof: Other non-current liabilities | 7.5 | 7.8 | 8.8 | 63.5 | 65.3 | 57.8 | 61.5 | 61.5 | 63.1 | 58.5 | 64.8 | 73.1 | 73.1 | 968.1 | 961.2 | 961.2 | 974.5 | 969.1 | 969.1 | 974.6 | 1,001.7 | 1,001.7 | 37.2 | 37.18695 | 84.0 | 84.0 |
| 0.0 | ||||||||||||||||||||||||||
| Total current liabilities | 627.9 | 813.8 | 1,098.2 | 1,369.5 | 1,613.7 | 1,745.5 | 1,718.3 | 1,718.3 | 2,086.2 | 2,106.7 | 2,037.6 | 1,984.7 | 1,984.7 | 2,635.4 | 2,939.5 | 2,939.5 | 2,736.9 | 2,924.5 | 2,943.1 | 3,030.9 | 3,097.5 | 3,097.5 | 3,060.6 | 3060.5860997 | 2,978.9 | 2,978.9 |
| thereof: Trade payables and similar obligations | 492.1 | 645.8 | 920.5 | 1,120.0 | 1,298.9 | 1,374.4 | 1,343.4 | 1,343.4 | 1,724.4 | 1,708.3 | 1,631.7 | 1,524.9 | 1,524.9 | 2,167.9 | 2,050.5 | 2,050.5 | 2,229.7 | 2,244.0 | 2,244.0 | 2,448.3 | 2,437.0 | 2,437.0 | 2,427.8 | 2427.7997 | 2,247.1 | 2,247.1 |
| thereof: Other current liabilities | 132.1 | 164.8 | 172.7 | 249.5 | 314.8 | 371.1 | 374.9 | 374.9 | 361.8 | 398.4 | 405.9 | 459.9 | 459.9 | 467.5 | 889.0 | 889.0 | 507.2 | 680.5 | 680.5 | 581.8 | 559.6 | 559.6 | 520.4 | 520.35691 | 612.5 | 612.5 |
| Total equity & liabilities | 1,785.5 | 2,116.5 | 2,538.2 | 2,980.3 | 3,233.7 | 3,758.5 | 3,787.2 | 3,787.2 | 4,216.0 | 4,333.1 | 4,595.0 | 4,680.5 | 4,680.5 | 6,429.9 | 6,494.8 | 6,494.8 | 6,554.1 | 6,743.6 | 6,743.6 | 6,769.7 | 6,897.0 | 6,897.0 | 6,794.7 | 6794.7470477 | 6,790.4 | 6,790.4 |
| Net working capital | (3.6) | (2.6) | (127.6) | (62.4) | (84.3) | (12.4) | (78.6) | (78.6) | (69.7) | (147.7) | 41.3 | (31.2) | (31.2) | (222.6) | (87.4) | (87.4) | 87.9 | 12.8 | 12.8 | 118.1 | (162.1) | (162.1) | 160.3 | 160.33413 | 206.6 | 206.6 |
F i n a n c i a l s
6_Group cash flow statement
| Zalando group cash flow statement (in EUR m) as of Q2/22 | |||||||||||||||||||||||||||
| Year FY/14 | Year FY/15 | Year FY/16 | Year FY/17 | Year FY/18 | Quarter Q1/19 | Quarter Q2/19 | Half-Year H1/19 | Quarter Q3/19 | Quarter Q4/19 | Year FY/19 | Quarter Q1/20 | Quarter Q2/20 | Half-Year H1/20 | Quarter Q3/20 | Quarter Q4/20 | Year FY/20 | Quarter Q1/21 | Quarter Q2/21 | Half-year H1/21 | Quarter Q3/21 | Quarter Q4/21 | Year FY/21 | Quarter Q1/22 | Quarter Q1/22 | Quarter Q2/22 | Year FY/22 | |
| Net income | 47.2 | 121.5 | 120.5 | 101.6 | 51.2 | (17.6) | 45.5 | 27.9 | (13.6) | 85.4 | 99.7 | (86.4) | 122.6 | 36.2 | 58.5 | 131.4 | 226.1 | 34.5 | 120.4 | 154.9 | (8.4) | 88.0 | 234.5 | (61.3) | 20.01.2022 | 14.0 | (61.3) |
| Non-cash expenses from share-based payments | 19.8 | 17.9 | 19.9 | 27.5 | 43.3 | 11.8 | 9.7 | 21.5 | 13.2 | 11.3 | 46.0 | 14.4 | 13.5 | 27.9 | 13.2 | 12.7 | 53.8 | 14.8 | 11.3 | 26.0 | 14.3 | 16.9 | 57.3 | 16.3 | 20.01.2022 | 16.4 | 16.3 |
| Cash settlement of claims from share-based payments | 0.0 | (2.3) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | (3.5) | (3.5) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 20.01.2022 | 0.0 | 0.0 |
| Depreciation & amortization | 25.8 | 34.2 | 48.2 | 58.7 | 86.5 | 42.8 | 51.3 | 94.1 | 46.3 | 54.3 | 194.8 | 50.6 | 52.2 | 102.8 | 51.8 | 59.8 | 214.5 | 53.3 | 57.3 | 110.5 | 58.5 | 66.4 | 235.4 | 61.7 | 20.01.2022 | 66.5 | 61.7 |
| Income taxes | 10.5 | (34.9) | 72.5 | 73.6 | 54.4 | (3.6) | 40.8 | 37.2 | (5.0) | 13.0 | 45.2 | (47.3) | 75.1 | 27.8 | 32.3 | 32.3 | 92.4 | 16.5 | 54.1 | 70.6 | (16.9) | 66.0 | 119.7 | (28.2) | 20.01.2022 | 44.8 | (28.2) |
| Income taxes paid, less refunds | 0.0 | 0.0 | (33.8) | (49.4) | (42.2) | (13.3) | (40.5) | (53.8) | (20.7) | (22.0) | (96.5) | (21.4) | (10.5) | (31.9) | (3.1) | (81.8) | (116.7) | (24.9) | (25.5) | (50.5) | (28.2) | (27.7) | (106.3) | (21.1) | 20.01.2022 | (13.2) | (21.1) |
| Change in provisions | 1.0 | (0.5) | 0.1 | (1.5) | 0.3 | 0.2 | 0.2 | 0.4 | 0.7 | 5.0 | 6.1 | (1.6) | (1.1) | (2.7) | (3.6) | 4.1 | (2.1) | (0.2) | (0.3) | (0.5) | 0.1 | (0.2) | (0.5) | 0.0 | 20.01.2022 | 0.0 | 0.0 |
| Other non-cash income | (0.2) | (1.0) | 1.2 | 6.5 | 4.2 | 0.3 | 6.2 | 6.5 | (1.3) | (0.2) | 5.0 | 1.9 | 0.6 | 2.5 | 2.3 | (0.5) | 4.3 | 2.1 | 5.3 | 7.4 | (6.3) | (3.7) | (2.7) | (1.6) | 20.01.2022 | 0.0 | (1.6) |
| Change in inventories and receivables | (68.7) | (154.2) | (147.4) | (251.0) | (157.0) | (147.4) | 97.2 | (50.2) | (389.9) | 94.1 | (346.0) | (112.4) | 179.3 | 67.0 | (451.7) | (17.8) | (402.5) | (354.3) | 60.7 | (293.7) | (309.7) | 291.6 | (311.8) | (313.3) | 20.01.2022 | 134.4 | (313.3) |
| Change in trade liabilities | 94.9 | 154.9 | 264.3 | 198.4 | 180.6 | 75.0 | (41.8) | 33.2 | 389.0 | (18.6) | 403.6 | (70.9) | (104.4) | (175.3) | 606.4 | (101.9) | 329.2 | 198.1 | (0.8) | 197.4 | 206.8 | (12.5) | 391.7 | (20.0) | 20.01.2022 | (180.9) | (20.0) |
| Change in other assets/other liabilities | 44.6 | (16.2) | (69.7) | 29.2 | (8.5) | (6.7) | (25.4) | (32.1) | (19.5) | 20.9 | (30.7) | 12.3 | 58.5 | 70.7 | (93.8) | 155.2 | 132.1 | (42.7) | 79.5 | 36.8 | (97.6) | 59.7 | (1.1) | (94.0) | 20.01.2022 | 54.2 | (94.0) |
| Cash flow from operating activities | 174.9 | 119.4 | 275.8 | 193.7 | 212.8 | (58.6) | 143.2 | 84.6 | (0.7) | 243.3 | 327.2 | (260.8) | 385.8 | 124.9 | 212.3 | 190.1 | 527.4 | (102.9) | 361.8 | 259.0 | (187.3) | 544.5 | 616.2 | (461.5) | 20.01.2022 | 136.2 | (461.5) |
| Payments received from the sale of fixed assets | 0.0 | 0.0 | 0.0 | 0.0 | 58.9 | 22.5 | 0.0 | 22.5 | 0.0 | 0.0 | 22.5 | 6.0 | 0.0 | 6.0 | 32.7 | 0.0 | 38.7 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 20.01.2022 | 0.0 | 0.0 |
| Payments for investments in fixed and intangible Assets | (51.1) | (60.0) | (181.7) | (243.9) | (278.4) | (42.3) | (55.1) | (97.4) | (88.0) | (121.1) | (306.5) | (47.8) | (43.3) | (91.1) | (31.9) | (127.1) | (250.0) | (39.8) | (51.6) | (91.4) | (57.7) | (183.9) | (332.9) | (66.3) | 20.01.2022 | (74.5) | (66.3) |
| Payments for acquisitions | 0.0 | (16.8) | (30.4) | (34.9) | (7.1) | 0.0 | (1.7) | (1.7) | 0.0 | 0.0 | (1.7) | 0.0 | 0.0 | 0.0 | 0.0 | (31.5) | (31.5) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | (3.9) | 20.01.2022 | (5.5) | (3.9) |
| Cash paid for investments in term deposits | 0.0 | (155.0) | (65.0) | 180.0 | 20.0 | (5.0) | 0.0 | (5.0) | 0.0 | 0.0 | (5.0) | 0.0 | 0.0 | 0.0 | 0.0 | 25.0 | 25.0 | 0.0 | 0.0 | 0.0 | (3.0) | 0.0 | (3.0) | 0.0 | 20.01.2022 | 0.0 | 0.0 |
| Change in restricted cash | (0.8) | 35.3 | 0.0 | 10.4 | (0.4) | 0.4 | 0.0 | 0.4 | 0.0 | 0.0 | 0.4 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | (0.2) | (0.2) | 0.2 | 0.0 | 0.0 | 0.0 | 20.01.2022 | 2.5 | 0.0 |
| Cash flow from investing activities | (51.9) | (196.5) | (277.1) | (88.3) | (207.0) | (24.4) | (56.8) | (81.2) | (88.0) | (121.1) | (290.3) | (41.8) | (43.3) | (85.1) | 0.8 | (133.6) | (217.8) | (39.8) | (51.8) | (91.6) | (60.5) | (183.8) | (335.9) | (70.2) | 20.01.2022 | (77.5) | (70.2) |
| Free cash flow | 123.8 | 42.6 | 63.7 | (85.0) | (13.8) | (78.4) | 86.4 | 8.0 | (88.7) | 122.2 | 41.6 | (302.6) | 342.5 | 39.9 | 213.1 | 31.5 | 284.5 | (142.7) | 310.2 | 167.6 | (245.0) | 360.6 | 283.2 | (531.7) | 20.01.2022 | 56.2 | (531.7) |
| Payments received from capital increases | 510.1 | 6.4 | 1.1 | 3.9 | 38.2 | 6.7 | 9.9 | 16.6 | 20.4 | 1.5 | 38.5 | 0.6 | 20.5 | 21.1 | 23.0 | 11.0 | 55.1 | 14.5 | 5.0 | 19.4 | 2.7 | 0.3 | 22.5 | 0.5 | 20.01.2022 | 0.5 | 0.5 |
| Cash received from loans | 3.9 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 375.0 | 0.0 | 375.0 | 0.0 | 0.0 | 375.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 20.01.2022 | 0.0 | 0.0 |
| Repurchase of treasury shares | 0.0 | (1.7) | 0.0 | (11.3) | (111.3) | (38.8) | 0.0 | (38.8) | 0.0 | 0.0 | (38.8) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | (105.7) | (105.7) | (94.3) | 0.0 | (200.0) | (136.0) | 20.01.2022 | 0.0 | (136.0) |
| Cash payments for the principle portion of leasing liabilities | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | (10.0) | (12.8) | (22.8) | (15.3) | (16.1) | (54.2) | (15.3) | (17.5) | (32.8) | (17.3) | (17.0) | (67.2) | (17.6) | (23.6) | (41.3) | (19.1) | (24.1) | (84.5) | (23.9) | 20.01.2022 | (25.6) | (23.9) |
| Cash repayments of loans | (3.2) | (3.2) | (3.2) | (3.2) | (2.8) | (0.4) | (0.7) | (1.1) | (1.0) | (0.7) | (2.8) | (0.7) | (0.7) | (1.4) | (0.7) | (0.7) | (2.8) | (375.0) | (1.4) | (376.4) | (0.7) | (0.6) | (377.7) | 0.0 | 20.01.2022 | (3.3) | 0.0 |
| Cash received from the issue of convertible bonds | 999.2 | (5.2) | 994.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 20.01.2022 | 0.0 | 0.0 | ||||||||||||||
| Cash flow from financing activities | 510.8 | 1.5 | (2.9) | (10.6) | (75.9) | (42.6) | (3.5) | (46.1) | 4.1 | (15.4) | (57.3) | 359.6 | 2.2 | 361.8 | 1,004.2 | (11.9) | 1,354.1 | (378.1) | (125.8) | (503.9) | (111.5) | (24.4) | (639.8) | (159.5) | 20.01.2022 | (28.4) | (159.5) |
| Change in cash & cash equivalents | 633.8 | (75.6) | (4.1) | 94.8 | (70.1) | (125.5) | 82.9 | (42.6) | (84.6) | 106.8 | (20.4) | 57.0 | 344.7 | 401.7 | 1,217.3 | 44.6 | 1,663.6 | (520.8) | 184.3 | (336.5) | (359.3) | 336.2 | (359.6) | (691.2) | 20.01.2022 | 30.3 | (691.2) |
| Effects of exchange rate on cash & cash equivalents | 0.0 | 0.9 | 0.5 | (1.9) | 0.3 | 0.4 | 1.6 | 2.0 | (2.8) | 2.7 | 1.9 | 0.5 | (1.3) | (0.8) | 1.1 | 3.6 | 3.9 | 0.6 | (9.5) | (8.8) | 9.7 | 2.6 | 3.5 | (1.9) | 20.01.2022 | 5.9 | (1.9) |
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Zalando SE published this content on 04 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 August 2022 07:46:04 UTC.
