Insight Report 3 minutes Premium

Zalando (XETRA: ZAL) 2015 Results: Sustained Focus on Investment Continues to Drive Results

Executive Summary

  • Zalando reported 2015 EPS of €0.48, an increase of 139.0% over the previous year and ahead of the consensus estimate of €0.29. Revenue increased by 33.6%, to €3.0 billion, which was slightly below the consensus estimate.
  • In the year, the company invested in platform strategy, technology and fulfillment, while maintaining profitability. EBIT increased by 44.3%, to €89.6 million, below the consensus estimate of €98.6 million.
  • In 2016, Zalando expects revenue growth of about 20%–25%, to €3.6–€3.7 billion, and an adjusted EBIT margin of 3.0%–4.5%, with €200 million in capex.

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.