The online retailer Zalando
This is what the company expects
Zalando is aiming for more sales and earnings for the current year. The group wants to expand its business through new bonus programs, offers and partnerships. After a good first half of the year, management expects further cost efficiency gains as well as initial synergies through the takeover of About You in the second half of the year
Zalando updated its annual outlook at the beginning of August to include the acquisition of About You. Management now expects sales of 12.1 to 12.4 billion euros and adjusted earnings before interest and taxes (EBIT) of 550 to 600 million euros. Sales are expected to increase by 14 to 17 percent compared to the previous year, in which About You was not yet included.
It was in the Dax in 2024
Expectations of analysts
Analysts recorded by Bloomberg expect sales of almost three billion euros for the third quarter, after around 2.4 billion euros in the same quarter of the previous year. The adjusted operating result is likely to have improved from a good 92.7 million to around 98.4 million euros.
For the year as a whole, analysts expect an average turnover of just under 12.3 billion euros. The adjusted operating result is expected to be 576 million euros.