from Zalando SE (isin : DE000ZAL1111)
EQS-Adhoc: Zalando SE: Zalando SE exceeds its own profitability guidance for the financial year 2024 after a better than expected fourth quarter
EQS-Ad-hoc: Zalando SE / Key word(s): Annual Results
Zalando SE: Zalando SE exceeds its own profitability guidance for the financial year 2024 after a better than expected fourth quarter
15-Jan-2025 / 18:23 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group.
The issuer is solely responsible for the content of this announcement.
Berlin, 15 January 2025 // Zalando SE exceeds its own profitability guidance for the financial year 2024 after a better than expected fourth quarter. This was in particular driven by strong customer growth fuelled by marketing and better sell-through. Adjusted EBIT is expected to reach around EUR 510 million, above the company's current guidance of 10 October 2024 (EUR 440-480 million).
According to preliminary figures, gross merchandise volume (GMV) in the financial year 2024 rose by 4.5% from a year earlier to EUR 15.3 billion, revenue grew by 3.9% from a year earlier to EUR 10.5 billion. The capital expenditure (capex) amounted to EUR 210 million for the financial year 2024.
The financial figures are preliminary and unaudited. Zalando SE will publish its results for the financial year 2024 on 6 March 2025.
With regard to the definition of the alternative performance measure “adjusted EBIT”, the company refers to the relevant definition in its Half-Year Report 2024 on page 38 under the heading “3.1 Glossary”, which has been published on the company's website.
Person making the notification: Dr Martin Bredol, Senior Lead Corporate Law
Investor/Analyst inquiries:
Patrick Kofler
Investor Relations
investor.relations@zalando.de
+49 (0) 30 20968 1584
Media inquiries:
Sarah Syed
Business & Financial Communications
presse@zalando.de
+49 (0) 160 9684 4183
End of Inside Information
Information and Explanation of the Issuer to this announcement:
About Zalando
Founded in Berlin in 2008, Zalando is Europe’s leading online multi-brand fashion destination. We are building a pan-European ecosystem for fashion and lifestyle e-commerce, along two growth vectors: Business-to-Consumer (B2C) and Business-to-Business (B2B). In B2C, we provide an inspiring, high-quality multi-brand shopping experience for fashion and lifestyle products to nearly 50 million active customers across 25 markets. In B2B, we leverage our logistics infrastructure, software, and service capabilities to support brands and retailers in managing and scaling their entire e-commerce business, both on and off the Zalando platform. Through our ecosystem vision, Zalando aims to enable positive change in the fashion and lifestyle industry.
15-Jan-2025 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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| Language: | English |
| Company: | Zalando SE |
| Valeska-Gert-Straße 5 | |
| 10243 Berlin | |
| Germany | |
| E-mail: | investor.relations@zalando.de |
| Internet: | https://corporate.zalando.de |
| ISIN: | DE000ZAL1111 |
| WKN: | ZAL111 |
| Indices: | DAX |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 2068551 |
| End of Announcement | EQS News Service |
2068551 15-Jan-2025 CET/CEST