Zalando SE

  • WKN: ZAL111
  • ISIN: DE000ZAL1111
  • Land: Deutschland

Nachricht vom 15.04.2019 | 21:19

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

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.

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