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. This report is for paying subscribers only. Already a paying subscriber? Please log in to see the entire report.If you wish to learn more about our subscription plans and become a paying subscriber, click here. This document was generated for Other research you may be interested in: Three Data Points We’re Watching This WeekAnalyst Corner—Reshaping Retail Media: Who, Where and How? Three Defining Levers, with Manik BhatiaThe US Retail Media Market: Understanding the Ad Buyer’s Perspective in CPGRetail-Tech Landscape: Generative AI Applications
