Company Earnings Update 2 minutesRegister for Free AccessZalando (XTRA: ZAL) FY16 Results: Stellar Sales and EBIT Margin Performance Coresight Research March 2, 2017 Executive Summary Zalando reported FY16 revenue growth of 23.0% year over year to €3,639.0 million, slightly below the consensus estimate of €3,649.5 million. The company reported FY16 adjusted EBIT of €216.3 million and the adjusted EBIT margin reached 5.9%, up from 3.6% in FY15. For 4Q16, the adjusted EBIT margin reached 8.8%, expanding 50 bps from 8.3% in 4Q15. Zalando issued FY17 guidance to deliver year-over-year revenue growth in the range of 20.0%–25.0%, in line with FY16. The company expects the FY17 adjusted EBIT margin to fall between 5.0% and 6.0%. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: Groceryshop 2024 Day Three: Best Practices for Innovation and Unified Shopping ExperiencesInnovator Profile: Seer Enables Content Creation and Personalization To Increase Consumer EngagementUS Consumer Tracker Extra: Working from Home, Returning to Stores and the Complex 2023 ConsumerEarnings Insights 4Q23, Week 4: Gildan Activewear, Sprouts Farmers Market and Walmart See Strong Sales Growth; The Home Depot Sees a Decline
