Zalando reports increased revenue
Zalando expects to achieve an adjusted EBIT of €10-30 million, corresponding to an adjusted EBIT margin of 1-3% for the period. The company has given full-year guidance of revenue growth in a range of 20-25% and an adjusted EBIT margin in the range of 5-6%.
Zalando's co-chief executive Rubin Ritter said: “We continue to successfully execute towards our goals and started 2017 with strong growth momentum. We are fully on track with our long-term aspirations and keep expanding our business at high speed, while investing into our consumer experience and brand partner proposition.”
Email this article to a friend
You need to be logged in to use this feature.
Please log in here