DGAP-News: Zalando SE: Zalando Expects Adjusted EBIT in First Quarter of 2019 above Market Consensus

DGAP-News: Zalando SE: Zalando Expects Adjusted EBIT in First Quarter of 2019 above Market Consensus

WKN: ZAL111 ISIN: DE000ZAL1111 Zalando

41,63 EUR
0,33 EUR 0,80 %
18.04.2019 - 17:27
15.04.2019 21:19:02

DGAP-News: Zalando SE / Key word(s): Quarterly / Interim Statement/Quarterly / Interim Statement
Zalando SE: Zalando Expects Adjusted EBIT in First Quarter of 2019 above Market Consensus

15.04.2019 / 21:19
The issuer is solely responsible for the content of this announcement.


Berlin, April 15, 2019 // Pursuant to current estimates of financial results for the first quarter of 2019, Zalando SE expects a positive adjusted EBIT in the single-digit millions and thus above market expectations (company-compiled median analyst estimate at the date hereof: EUR -10 million).
 
Europe's leading online platform for fashion and lifestyle expects GMV and revenue growth approximately in line with market expectations (company-compiled median analyst estimates at the date hereof: 23.0% and 15.2% respectively).
 
Chief Financial Officer David Schröder says: "We are pleased with our performance in the first quarter, demonstrating that we are focused on strong execution. These results are in line with the company's full-year outlook."
 
All figures reported herein are preliminary and unaudited. Zalando will report its financial figures for the first quarter on May 2, 2019.


15.04.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language: English
Company: Zalando SE
Valeska-Gert-Straße 5
10243 Berlin
Germany
E-mail: presse@zalando.de
Internet: https://corporate.zalando.de
ISIN: DE000ZAL1111
WKN: ZAL111
Indices: MDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 800323

 
End of News DGAP News Service

800323  15.04.2019 

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