After high price losses since mid -February, the stocks of Zalando could
On the Tradegate trading platform, you rose by 4 percent to EUR 26.30 compared to the Xetra closing. Previously, they had fallen by almost 40 percent since mid -February and had recently reached a low since September last year at just under 25 euros.
The online retailer Zalando now calculated the takeover of About You after a strong second quarter. After completing the transaction in mid -July, sales of 12.1 to 12.4 billion euros and an adjusted EBIT of 550 to 600 million euros were expected in 2025. Zalando could rely on a strong development in the first half of the year. In addition, further efficiency gains in the costs and the first synergies can be expected in the second half of the year, it continued.
Analyst Georgina Johanan from Bank JPmorgan pointed out that management was confident that the gross star value in the third quarter in the middle single -digit percentage range was confident. This suggests a better online trade than previously expected.
However, the expert gave the recent development of profitability disappointing. “It could be difficult for the share price to end the day significantly higher,” was her course forecast.