Company Earnings Update 1 minuteRegister for Free AccessZalando (XTRA: ZAL) Q416 Trading Update: Strong Sales, but Slightly Below Analysts’ Estimates Coresight Research January 18, 2017 Executive Summary Zalando reported that it expects 4Q16 revenue to grow 25%–26% year over year to €1,086–€1,094 million, according to preliminary figures. The company expects to achieve 4Q16 adjusted EBIT of €81–€104 million, corresponding to an adjusted EBIT margin of 7.5%–9.5%. Management reiterated expectations of delivering FY16 year-over-year revenue growth of 22.9%–23.1%. Following clear profitability improvements, Zalando expects an adjusted FY16 EBIT margin of 5.6%–6.2%, up from 3.6% in FY15. The company will report full and detailed 4Q16 and FY16 results on March 1, 2017. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: Holiday 2024—Apparel Demand Strengthens as the Holiday Peak Draws Closer: US Consumer Survey InsightsInnovator Profile: The Metav.rs Web3 Platform Helps Brands To Better Create and Manage Metaverse ExperiencesThree Things You Need To Know: China Consumer Tracker—Consumer Confidence FallsRetail-Tech Landscape: Demand Forecasting—October 2024 Update
