January 22, 2017 11:51 PM ET

Internet and Direct Marketing 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 clothes, 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

11,239 Employees

Key Executives for Zalando SE

Zalando SE does not have any Key Executives recorded.

Zalando SE Key Developments

Zalando SE Provides Preliminary Earnings Guidance for the Fourth Quarter and Full Year of 2016

Zalando SE provided preliminary earnings guidance for the fourth quarter and full year of 2016. For the quarter, the company expects revenues grew by 25% to 26% to EUR 1,086 million to EUR 1,094 million. The company expects to achieve an adjusted EBIT of EUR 81 million to EUR 104 million, corresponding to an adjusted EBIT margin of 7.5% to 9.5% for the same period. In the financial year 2016, the company achieved group revenues of EUR 3,633 million to EUR 3,642 million growing between 22.9% to 23.1%, in line with its full-year guidance. Profitability improved substantially, with adjusted EBIT approximately doubling to EUR 202 million to EUR 225 million and corresponding to a margin of 5.6% to 6.2%.

Zalando SE to Report Q4, 2016 Sales/Trading Statement Results on Jan 17, 2017

Zalando SE announced that they will report Q4, 2016 sales/trading statement results at 8:00 AM, Central European Standard Time on Jan 17, 2017

Zalando SE Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2016; Reiterates Earnings Guidance for the Year 2016

Zalando SE reported earnings results for the third quarter and nine months ended September 30, 2016. For the quarter, the company reported group revenue of EUR 834.8 million against EUR 713.1 million a year ago. Adjusted EBIT was EUR 19.5 million against adjusted LBIT of EUR 23.5 million a year ago. For the nine months, the company reported group revenue of EUR 2,547.4 million against EUR 2,089.7 million a year ago. Adjusted EBIT was EUR 120.7 million against EUR 35.7 million a year ago. The company generated an operating cash flow of more than EUR 200 million, which leads the company to a free cash flow of EUR 66 million even though the company continue to operate at very high levels of investments. The company have been investing about EUR 150 million in CapEx year-to-date. The company reiterates full year growth guidance to grow towards the higher end of the 20% to 25% growth corridor. Adjusted EBIT, based on the strong performance in the third quarter and also year-to-date, the company increased full year profitability guidance actually for the second time this year to an adjusted EBIT margin of 5% to 6%. CapEx, remains unchanged at about EUR 200 million for the full year.

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December 1, 2016
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