Checkout
Zalando’s 2022 Earnings Beat Estimates in Profitability Push
- Adjusted earnings before interest and taxes was €184.6 million
- Earnings this year are seen at €280 million to €350 million
This article is for subscribers only.
Zalando SE’s 2022 earnings beat analyst estimates as the German online fashion retailer’s new focus on profitability boosted the results. Shares rose as much as 6%.
The Berlin-based e-commerce platform reported adjusted earnings before interest and taxes of €184.6 million ($197 million) last year, it said in a statement Tuesday. That compares to the average estimates of €158.1 million among analysts surveyed by Bloomberg.