Zalando SE: ZALANDO EXPECTS ADJUSTED EBIT IN FIRST QUARTER OF 2019 ABOVE MARKET CONSENSUS
Zalando SE, DE000ZAL1111
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).
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.
Person making the notification: Dr. Martin Hager, Team Lead Capital Markets Law
Contact for investors and analysts: Patrick Kofler Investor Relationsinvestor.email@example.com +49 (0)30 20968 1584
Contact for media: Linda Hübner Corporate CommunicationsLinda.Huebner@zalando.de +49 (0)151 21817372
15-Apr-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.deLanguage: English Company: Zalando SE Valeska-Gert-Straße 5 10243 Berlin
Germany E-mail: firstname.lastname@example.org 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: 800319 End of Announcement DGAP News Service
800319 15-Apr-2019 CET/CEST