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August 28, 2015 4:04 PM ET

Internet and Catalog Retail

Company Overview of Zalando SE

Company Overview

Zalando SE operates as an online fashion retailer in Europe. The company offers a range of products, including apparel, shoes, and accessories for women, men, and children. Zalando SE was founded in 2008 and is headquartered in Berlin, Germany.

Tamara-Danz-Strasse 1

Berlin,  10243

Germany

Founded in 2008

7,588 Employees

Key Executives for Zalando SE

Zalando SE does not have any Key Executives recorded.

Zalando SE Key Developments

Zalando Announces Earnings Results for the Second Quarter and First Half of 2015; Provides Earnings Guidance for the Year 2015

Zalando announced earnings results for the second quarter and first half of 2015. For the quarter, the company reported group revenues of EUR 733.0 million against EUR 546.4 million a year ago. Adjusted group EBIT was EUR 30.2 million against EUR 35.1 million a year ago. Group EBIT was adversely affected by a temporary increase in payment costs. For the half year, the company reported group revenues of EUR 1,376.6 million against EUR 1,047.1 million a year ago. Adjusted group EBIT was EUR 59.2 million against EUR 12.4 million a year ago. The increase in revenue was mainly driven by a considerably larger active customer base. The company is now expecting to exceed its annual revenue growth corridor of 20-25% for 2015 and is increasing guidance to 28-31%. Guidance for 2015 adjusted EBIT margin remains unchanged at around 4.5%.

Zalando SE, Q2 2015 Earnings Call, Aug 13, 2015

Zalando SE, Q2 2015 Earnings Call, Aug 13, 2015

Zalando SE Reports Revenue Result for the Second Quarter and First Half of 2015; Provides Earnings Guidance for the Second Quarter and First Half of 2015

Zalando SE reported revenue result for the second quarter and first half of 2015. The company grew group revenues in the second quarter of 2015 to EUR 727 million to EUR 738 million (second quarter of 2014: EUR 546 million) or by 33% to 35%. In the first half of 2015, the company achieved revenues of EUR 1,370 million to EUR 1,381 million (first half of 2014: EUR 1,047), growing by 31% to 32%. For the second quarter of 2015, the company expects to achieve an adjusted EBIT of EUR 22 million to EUR 37 million, corresponding to an adjusted EBIT margin of 3% to 5% (second quarter of 2014: EUR 35 million or 6.4%). For the first half of 2015, the company expects adjusted EBIT to come in at EUR 51 million to EUR 66 million, a margin of around 4% at the mid-point of the range. Revenue growth accelerated significantly above expectations, supported by continued investments into the company's long-term customer proposition across markets. At the same time, operating performance led to clear profitability, albeit EBIT margin was impacted by a temporary increase in payment cost.

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