Insight Report 2 minutes PremiumZalando (XETRA: ZAL) 1H16 RESULTS: IMPRESSIVE REVENUE GROWTH AND MARGIN EXPANSION Coresight Research August 11, 2016 Executive Summary Zalando reported revenue growth of 24.4% year over year to €1,712.6 million in 1H16, slightly below the consensus estimate of €1,715.7 million. The company reported 1H16 adjusted EBIT up 70.9% to €101.2 million and the adjusted EBIT margin reached 5.9%, up from 4.3% in 1H15. Adjusted EBIT margin reached 8.8% in 2Q16 and expanded 470 bps from 4.1% in 2Q15. Zalando reiterated the company expects to deliver FY16 revenue growth at the upper end of the forecasted 20% to 25% revenue growth range, and adjusted FY16 EBIT margin to fall in the range of 4% to 5.5%. 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: Retail-Tech Landscape: Web3 for RetailChina’s 6.18 Shopping Festival 2023: Three Trends To Watch, Discounting To Entice Cautious ConsumersScreen Time Continues To Increase: China Consumer TrackerOctober 2023 China Retail Sales: Year-over-Year Growth Rate Continues To Improve