The Berlin online fashion retailer Zalando SE presented its results for the second quarter of the 2025 financial year on Tuesday evening. Accordingly, the group was able to achieve strong growth in sales and results.
At the same time, the company published new annual forecasts, which for the first time also take into account the expected contributions from the e-commerce company About You Holding SE, the takeover of which was carried out in July.
The group sales increase by around seven percent
In the second quarter, the group sales were just under 2.84 billion euros. This corresponded to an increase of 7.3 percent compared to the same period last year. Both divisions contributed to the significant plus: In the B2C area, revenues rose by 6.8 percent to EUR 2.6 billion, and in the B2B segment they even increased by 12.2 percent to 262 million euros. The gross -like volume (GMV) grew by 5.0 percent to 4.06 billion euros.
Zalando was also able to grow in the result. The result that was adjusted for special effects before interest and taxes (EBIT) increased by 8.1 percent to 185.5 million euros. The designated net profit was 96.6 million euros and thus 0.9 percent above the corresponding level of the previous year.
The group turnover reached a height of 5.25 billion euros throughout the first half of the year, which corresponded to an increase of 7.6 percent compared to the previous year. The adjusted EBIT grew by 16.2 percent to 232.3 million euros, the net profit even increased by 22.6 percent to 106.5 million euros.
New annual forecasts take into account the takeover of About You for the first time
After the consolidation of About You, Zalando is now forecasting a gross volume (GMV) of 17.2 to 17.6 billion euros for 2025. That would mean an increase of 12 to 15 percent compared to the previous year. Annual turnover in the range of 12.1 and 12.4 billion euros is also expected, which would correspond to an increase of 14 to 17 percent.
The goal for the result of special effects before interest and taxes (EBIT) is between 550 and 600 million euros. “This increase results from Zalando’s strong performance in the first half of the year. It also reflects the company’s expectation to benefit from further efficiency gains in its costs and the first synergies in the second half of the year,” said the company. Zalando estimated the expected investment effort in the current year at 200 to 280 million euros.
Co-CEO David Schröder emphasizes “important milestones”
Co-CEO David Schröder sees the company on the right track. “We use the enormous market opportunities through the expansion of our offer and through long-term partnerships, both in the B2C and B2B area,” he said in a statement. “In the B2C area, we redefine fashion and lifestyle shopping by making a customer: inside experience with our new AI-controlled discovery feed.
In the B2B area, “the introduction of our ZEOS shopping application and the cooperation with the About-You software saving Scayle are important milestones,” emphasized Schröder. “Both help us build up a software ecosystem that effectively supports the central digital sales channels of brands and retailers-their own online shops and apps.”