Insight Report 2 minutes PremiumZalando (FRA: ZAL) 1Q16 RESULTS: OPERATING PROFIT HIT BY INVESTMENT IN TECHNOLOGY AND LOGISTICS Coresight Research May 12, 2016 Executive Summary Zalando reported 1Q16 revenue growth of 23.7%, to €796.1 million, which was below the consensus estimate of €804.2 million. Adjusted operating profit was down 30.6%, to €20.2 million, versus consensus of €19.7 million. Investment in technology and logistics hit operating profit in the quarter. Zalando expects to deliver 20%–25% revenue growth and an adjusted EBIT margin of 3.0%–4.5% during FY16. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Indications of a Summer Wind-Down Emerge: US Consumer Tracker 2023, Week 34The Strategic Edge for Startups and Retail’s AI Evolution—Insights from the Israel-US Connect: Retail-Tech Innovation Welcome ReceptionChina’s 2023 National People’s Congress: What Retailers Need To KnowGenerative AI Latest: Indian Conglomerates Enter the Space, the US Drives the Responsible Use of AI, Adobe Launches New Products
