Insight Report 2 minutes PremiumZalando (XTRA:ZAL) 3Q16 Trading Update: Strong Continued Revenue Growth and Raised FY16 EBIT Margin Guidance Coresight Research October 20, 2016 Executive Summary Zalando expects to report 3Q16 revenue growth in the range of 16-18% year over year to €827-841 million, according to preliminary figures. The company expects to achieve 3Q16 adjusted EBIT of €8-25 million, corresponding to an adjusted EBIT margin of 1.0-3.0%. This marks a clear year-over-year improvement, as Zalando reported an adjusted EBIT decline of €24 million and EBIT margin of (3.3)% in 3Q15. Management reiterated that the company expects to deliver FY16 revenue growth at the upper end of its forecast 20.0-25.0% revenue growth range. Following clear profitability improvements, Zalando raised its adjusted FY16 EBIT margin guidance to 5.0-6.0% from the previous range of 4.0-5.5%. The company will report full and detailed 3Q16 results on November 10, 2016. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Shoptalk 2023 Day Two: AI Takes Center StageSuccess at Hand: Equipping Frontline Workers with More Mobile Devices to Drive Revenue and Delight CustomersThree Data Points We’re Watching This Week: Shopping Festivals and Holiday RetailOnline Shopping in Focus—Amazon Is the Clear Winner; Walmart Is a Distant Second: US Consumer Survey Insights
