Zalando SE grew revenues in the first half of 2017 by 21-22% to EUR 2,071-2,089 million

  • HY revenues at EUR 2,071-2,089 million (21-22% growth), adjusted EBIT at EUR 100-106 (4.8-5.1% margin)
  • Q2 revenues at EUR 1,091-1,109 million (19-21%), adjusted EBIT at EUR 80-86 million (7.3-7.8% margin)
  • Zalando launches membership program Zalando Zet to offer customized premium services

BERLIN, 2017-Jul-20 — /EPR Retail News/ — Zalando SE, Europe’s leading online platform for fashion, grew revenues in the first half of 2017 by 21-22% to EUR 2,071-2,089 million (HY 2016: EUR 1,713 million), according to preliminary figures. The adjusted EBIT for the first half-year 2017 is expected to come in at EUR 100-106 million, a margin of around 4.8-5.1% (HY 2016: EUR 101 million or 5.9%).

In the second quarter of 2017 the company achieved revenues of EUR 1,091-1,109 million (Q2 2016: EUR 916 million), growing by 19-21%. Zalando achieved an adjusted EBIT of EUR 80-86 million, corresponding to an adjusted EBIT margin of 7.3-7.8% (Q2 2016: EUR 81 million or 8.8%) for the same period.

Co-CEO Rubin Ritter said: “We are pleased with the performance in the first half of 2017 and continue to invest in order to meet our ambitious growth targets for the full year and beyond. In the fast-growing online segment, we continue to outperform the market and deliver on our 20-25% growth corridor. Our investments, for example in our fulfillment capabilities and the launch of our membership program Zalando Zet, are the cornerstones for future growth.”

Zalando Zet is a new program that offers customized premium services like faster delivery, including same day, pick-up of returns on demand as well as additional benefits such as personal fashion advice or early access to sales. In the first phase customers in four German cities (Berlin, Leipzig, Frankfurt, Hannover) will be able to test the service for three months, after which they can become members for EUR 19 per year.

Zalando Zet is another example of the company’s continued customer focus: In 2008, Zalando revolutionized online shopping by introducing free delivery and returns within up to 100 days. Trying on goods at home as well as free shipping and convenient returns have been an integral part of Zalando’s offering ever since.

All figures reported herein are preliminary, full financial disclosure for the second quarter 2017 will be published on August 10, 2017.

ABOUT ZALANDO
Zalando (https://corporate.zalando.com) is Europe’s leading online fashion platform for women, men and children. We offer our customers a one-stop, convenient shopping experience with an extensive selection of fashion articles including shoes, apparel and accessories, with free delivery and returns. Our assortment of almost 2,000 international brands ranges from popular global brands, fast fashion and local brands, and is complemented by our private label products. Our localized offering addresses the distinct preferences of our customers in each of the 15 European markets we serve: Austria, Belgium, Denmark, Finland, France, Germany, Italy, Luxembourg, the Netherlands, Norway, Spain, Sweden, Switzerland, Poland and the United Kingdom. Our logistics network with four centrally located fulfillment centers in Germany allows us to efficiently serve our customers throughout Europe, supported by warehouses in Northern Italy and France with a focus on local customer needs. We believe that our integration of fashion, operations and online technology give us the capability to deliver a compelling value proposition to both our customers and fashion brand partners. Zalando’s shops attract over 200 million visits per month. In the first quarter of 2017, more than 68 percent of traffic came from mobile devices, resulting in 20.4 million active customers by the end of the quarter.

CONTACT:
René Gribnitz
Vice President Communications
rene.gribnitz@zalando.de

Alexander Styles
Financial Communications
alexander.styles@zalando.de
+49 30 20968

Source: Zalando

Zalando SE grew revenues in the 1Q 2017 by 22.0-24.0% to EUR 971-987 million

  • Revenues at EUR 971-987 million (22.0-24.0% growth)
  • Adjusted EBIT of EUR 10-30 million (1.0-3.0% margin)
  • Full-year guidance confirmed

BERLIN, Germany, 2017-Apr-20 — /EPR Retail News/ — Zalando SE, Europe’s leading online platform for fashion, grew revenues in the first quarter of 2017 by 22.0-24.0% to EUR 971-987 million (Q1 2016: EUR 796.1 million), according to preliminary figures. Zalando expects to achieve an adjusted EBIT of EUR 10-30 million, corresponding to an adjusted EBIT margin of 1.0-3.0% (Q1 2016: EUR 20.2 million or 2.5%) for the same period. Zalando confirms its full-year guidance of revenue growth in a range of 20-25% and an adjusted EBIT margin in the range of 5.0-6.0%.

Co-CEO Rubin Ritter said: “We continue to successfully execute towards our goals and started 2017 with strong growth momentum. We are fully on track with our long-term aspirations and keep expanding our business at high speed, while investing into our consumer experience and brand partner proposition.”

All figures reported herein are preliminary, full financial disclosure for the first quarter 2017 will be published on May 9, 2017.

On April 20, 2017, Zalando will publish the agenda for its upcoming annual general meeting (AGM) held on May 31, 2017. In accordance with the recommendation of its nomination committee, the Supervisory Board proposes Shanna Prevé and Dominik Asam for election to the Supervisory Board at the AGM, as Lorenzo Grabau and Kai-Uwe Ricke will not seek re-election.

Ms. Prevé is Managing Director Business Development for the Google Consumer Hardware Group in San Francisco, USA, and Mr. Asam is Chief Financial Officer at the DAX-listed technology company Infineon Technologies AG. Both bring relevant industry experience and are expected to add beneficial expertise to the work of the Supervisory Board. Dominik Asam is designated to take over chairmanship of the audit committee.
ABOUT ZALANDO
Zalando (https://corporate.zalando.com) is Europe’s leading online fashion platform for women, men and children. We offer our customers a one-stop, convenient shopping experience with an extensive selection of fashion articles including shoes, apparel and accessories, with free delivery and returns. Our assortment of over 1,500 international brands ranges from popular global brands, fast fashion and local brands, and is complemented by our private label products. Our localized offering addresses the distinct preferences of our customers in each of the 15 European markets we serve: Austria, Belgium, Denmark, Finland, France, Germany, Italy, Luxembourg, the Netherlands, Norway, Spain, Sweden, Switzerland, Poland and the United Kingdom. Our logistics network with four centrally located fulfillment centers in Germany allows us to efficiently serve our customers throughout Europe, supported by a warehouse in Northern Italy with a focus on local customer needs. We believe that our integration of fashion, operations and online technology give us the capability to deliver a compelling value proposition to both our customers and fashion brand partners. Zalando’s shops attract over 160 million visits per month. In the fourth quarter of 2016, more than 68 percent of traffic came from mobile devices, resulting in 19.9 million active customers by the end of the quarter.

SOURCE: Zalando

CONTACT
René Gribnitz / Vice President Communications
rene.gribnitz@zalando.de

Alexander Styles / Financial Communications
alexander.styles@zalando.de
+49 30 20968 2022

 

Zalando SE announces 25-26% increase in revenues during the fourth quarter of 2016

  • Q4 revenues at EUR 1,086-1,094 million (25-26% growth), adjusted EBIT of EUR 81-104 million (7.5-9.5% margin)
  • Full year revenues at EUR 3,633-3,642 million, adjusted EBIT of EUR 202-225 million (5.6-6.2% margin)
  • Zalando to expand fulfillment footprint in Sweden

BERLIN, 2017-Jan-18 — /EPR Retail News/ — Zalando SE, Europe’s leading online platform for fashion, grew revenues in the fourth quarter of 2016 by 25-26% to EUR 1,086-1,094 million (Q4 2015: EUR 868.5 million), according to preliminary figures. Zalando expects to achieve an adjusted EBIT of EUR 81-104 million, corresponding to an adjusted EBIT margin of 7.5-9.5% (Q4 2015: EUR 71.8 million or 8.3%) for the same period.

In the financial year 2016, Zalando achieved group revenues of EUR 3,633-3,642 million (FY 2015: EUR 2,958 million) growing between 22.9-23.1%, in line with its full-year guidance. Profitability improved substantially, with adjusted EBIT approximately doubling to EUR 202-225 million and corresponding to a margin of 5.6-6.2% (FY 2015: EUR 107.5 million, 3.6%).

“We have completed a successful 2016. For the first time we broke the billion-euro revenue barrier in a single quarter, a clear result of our customer focus,” said Rubin Ritter, co-CEO. “We will continue to emphasize growth and further invest behind an ever-improving customer experience across all our markets.”

Zalando intends to open a satellite warehouse in Sweden in the course of 2017, similar to its satellite warehouses in France and Italy. The facility will be run by a service provider and aims to further improve Zalando’s customer proposition in its important Nordic markets in Sweden, Norway, Finland and Denmark.

All figures reported herein are preliminary and unaudited. Full financial disclosure for the fourth quarter and financial year 2016, together with the management guidance for the financial year 2017, will be published on March 1, 2017.

ABOUT ZALANDO
Zalando (https://corporate.zalando.com) is Europe’s leading online fashion platform for women, men and children. We offer our customers a one-stop, convenient shopping experience with an extensive selection of fashion articles including shoes, apparel and accessories, with free delivery and returns. Our assortment of over 1,500 international brands ranges from popular global brands, fast fashion and local brands, and is complemented by our private label products. Our localized offering addresses the distinct preferences of our customers in each of the 15 European markets we serve: Austria, Belgium, Denmark, Finland, France, Germany, Italy, Luxembourg, the Netherlands, Norway, Spain, Sweden, Switzerland, Poland and the United Kingdom. Our logistics network with four centrally located fulfillment centers in Germany allows us to efficiently serve our customers throughout Europe, supported by a warehouse in Northern Italy with a focus on local customer needs. We believe that our integration of fashion, operations and online technology give us the capability to deliver a compelling value proposition to both our customers and fashion brand partners.

Zalando’s shops attract over 160 million visits per month. In the third quarter of 2016, more than 65 percent of traffic came from mobile devices, resulting in 19.2 million active customers by the end of the quarter.

CONTACT:
René Gribnitz
Vice President Communications
rene.gribnitz@zalando.de

Alexander Styles
Financial Communications
alexander.styles@zalando.de

+49 30 20968 2022

Source: Zalando

Zalando SE Q1-2016: Revenues at EUR 796 million; adjusted EBIT margin of 2.5%

  • Q1 revenues at EUR 796 million, adjusted EBIT margin of 2.5%
  • Strong growth coupled with strategic investments
  • Acquires e-commerce specialty software provider Tradebyte

BERLIN, 2016-May-16 — /EPR Retail News/ — Zalando SE, Europe’s leading online platform for fashion, had a good start into the year and remained on its profitable high-growth path. In the first quarter of 2016, Zalando continued to push forward with strategic investments into its customer proposition as well as the platform enablers operations and technology. With the successful acquisition of Tradebyte, an e-commerce specialty software provider, Zalando will further expand its successful partner program.

“We are pushing ahead on multiple fronts, delivering on our long-term platform strategy and growth plan,” said Rubin Ritter, member of the Management Board. “At the same time, our core business is developing strongly and we continue to win market share.”

The focus on customer proposition, including the build-out of Zalando’s fulfillment footprint, continues to improve customer satisfaction, which has hit another all-time high in the first quarter. The first international satellite warehouse in Stradella, Italy, has cut lead times for Italian orders by as much as 1.5 days. The construction of the new Lahr warehouse is on track, with manual operations to commence in autumn.

As part of its platform strategy, Zalando further expanded its partner program, which enables selected brands to directly sell on the Zalando platform. By the end of the first quarter, Zalando had enrolled more than 150 partners, including brands like Adidas and Superdry. To strengthen its ability to digitalize this partner stock and connect it to retail channels, Zalando has acquired Tradebyte Software GmbH in May 2016. Tradebyte is among the leading European providers of marketplace supply-side integration solutions for retailers and brands, especially in the fashion and lifestyle sectors.

Strong growth in the active customer base to 18.4 million and increasing customer satisfaction saw revenues increase by 23.7% to EUR 796 million, at the upper end of the growth corridor, despite Easter falling in the first quarter. Zalando posted an adjusted EBIT of EUR 20 million, corresponding to a margin of 2.5%.

Zalando reiterates its full-year guidance of revenue growth at the upper end of the 20-25% growth corridor and an adjusted EBIT margin of 3-4.5%. The company aims for roughly neutral working capital at year-end, and about EUR 200 million in capital expenditure in 2016, excluding M&A.

Zalando’s first-quarter report is available online; details can also be found in the earnings presentation. Zalando will report figures for the second quarter on August 11, 2016, and publish a trading update prior to that. The publication date of the trading update will be announced on the Zalando Investor Relations website ahead of time.

zalando revenue and adjusted ebit

zalando group key performance indicators

ABOUT ZALANDO
Zalando (https://corporate.zalando.com) is Europe’s leading online fashion platform for women, men and children. We offer our customers a one-stop, convenient shopping experience with an extensive selection of fashion articles including shoes, apparel and accessories, with free delivery and returns. Our assortment of over 1,500 international brands ranges from popular global brands, fast fashion and local brands, and is complemented by our private label products. Our localized offering addresses the distinct preferences of our customers in each of the 15 European markets we serve: Austria, Belgium, Denmark, Finland, France, Germany, Italy, Luxembourg, the Netherlands, Norway, Spain, Sweden, Switzerland, Poland and the United Kingdom. Our logistics network with three centrally located fulfillment centers in Germany allows us to efficiently serve our customers throughout Europe. We believe that our integration of fashion, operations and online technology give us the capability to deliver a compelling value proposition to both our customers and fashion brand partners.
Zalando’s shops attract over 160 million visits per month. In the first quarter of 2016, around 62 per cent of traffic came from mobile devices, resulting in 18.4 million active customers by the end of the quarter.

CONTACT ZALANDO
René Gribnitz / VP Communications
rene.gribnitz@zalando.de
+49 30 20968 2022

Zalando SE to repurchase 50.000 own shares for approximately EUR 1.8 million for employee incentive programs

BERLIN, 2015-12-10 — /EPR Retail News/ — The management board of Zalando SE today announced the decision to repurchase 50.000 own shares over the stock market for a total purchase price of approximately EUR 1.8 million (estimate based on the most recent closing price) for the sole purpose of using the shares for employee incentive programs. The repurchases will occur from 8 December 2015 over the next weeks.

NOTES TO EDITORS

ABOUT ZALANDO
Zalando (https://corporate.zalando.com) is Europe’s leading online fashion platform for women, men and children. We offer our customers a one-stop, convenient shopping experience with an extensive selection of fashion articles including shoes, apparel and accessories, with free delivery and returns. Our assortment of over 1,500 international brands ranges from popular global brands, fast fashion and local brands, and is complemented by our private label products. Our localized offering addresses the distinct preferences of our customers in each of the 15 European markets we serve: Austria, Belgium, Denmark, Finland, France, Germany, Italy, Luxembourg, the Netherlands, Norway, Spain, Sweden, Switzerland, Poland and the United Kingdom. Our logistics network with three centrally located fulfillment centers in Germany allows us to efficiently serve our customers throughout Europe. We believe that our integration of fashion, operations and online technology give us the capability to deliver a compelling value proposition to both our customers and fashion brand partners. Zalando’s shops attract over 131 million visits per month. In the third quarter of 2015, around 59 per cent of traffic came from mobile devices, resulting in close to 17.2 million active customers by the end of the quarter.

CONTACT ZALANDO
René Gribnitz
Vice President Communications
rene.gribnitz@zalando.de
+49 30 20968 2022

SOURCE: ZALANDO