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Zalando (XETRA:ZAL) 2Q 2016 RESULTS: STRONG REVENUE GROWTH, INCREASED MARGIN GUIDANCE

Executive Summary

  • Zalando reported revenue growth in the neighborhood of 24% to 26%, from €909 million to €924 million, in line with a consensus of €917 million, in preliminary results for 2Q16.
  • The company expects its 2Q16 EBIT margin to be in the range of 7.5% to 9.5%, up from 4.1% in 2Q15.
  • Zalando expects to deliver 20% to 25% revenue growth during FY16 and increased its adjusted EBIT margin to a range of 4% to 5.5%.

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