15.04.2019 - 21:21 Uhr

Zalando SE: Zalando Expects Adjusted EBIT in First Quarter of 2019 above Market Consensus

Zalando SE, DE000ZAL1111

Berlin, April 15, 2019 // Pursuant to current estimates of financial results for the first quarter of 2019, Zalando SE expects a positive adjusted EBIT in the single-digit millions and thus above market expectations (company-compiled median analyst estimate at the date hereof: EUR -10 million).   Europe's leading online platform for fashion and lifestyle expects GMV and revenue growth approximately in line with market expectations (company-compiled median analyst estimates at the date hereof: 23.0% and 15.2% respectively).   Chief Financial Officer David Schröder says: "We are pleased with our performance in the first quarter, demonstrating that we are focused on strong execution. These results are in line with the company's full-year outlook."   All figures reported herein are preliminary and unaudited. Zalando will report its financial figures for the first quarter on May 2, 2019.

15.04.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

Language: English Company: Zalando SE Valeska-Gert-Straße 5 10243 Berlin

Germany E-mail: presse@zalando.de Internet: https://corporate.zalando.de ISIN: DE000ZAL1111 WKN: ZAL111 Indices: MDAX Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange EQS News ID: 800323   End of News DGAP News Service

800323  15.04.2019