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Sales at Zalando grow 33% in 2015

Zalando has finished 2015 with a strong fourth quarter, posting 30% growth in sales to €865m-€872m (£658m-£663m) and adjusted EBIT of €61m-€78m (£46m-£59m) in its preliminary results.

The Germany-based etailer said its EBIT corresponds to an adjusted EBIT margin of 7%-9%.

For the 2015 financial year, Zalando reported group revenues rose 33% to €2.9bn-€3bn (£2.2bn-£2.3bn), while adjusted EBIT was €96m-€114m (£73m-£87m), equivalent to between 3.3% and 3.9%.

Board member Rubin Ritter said: “We have finished the year on a high note. Our strong growth and EBIT margin performance in the fourth quarter, which was in line with our prior guidance, demonstrates the strength of our business even in challenging market conditions.”

 

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