Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Xetra  >  Zalando    ZAL   DE000ZAL1111

ZALANDO (ZAL)
Mes dernières consult.
Most popular
  Report  
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsofficial PublicationsSector newsTweets

Zalando : says happy with first-quarter despite margin pressure

share with twitter share with LinkedIn share with facebook
share via e-mail
0
04/19/2017 | 09:00am CEST
A Adidas shoebox stands above a Zalando cardboard box on a staged scene in Berlin

BERLIN (Reuters) - Zalando, Europe's biggest pure online fashion retailer, said it was happy with its start to the year, even as discounting for the post-Christmas sales weighed on its margin.

Zalando said on Wednesday that it expected its first quarter margin on adjusted earnings before interest and taxation (EBIT) to come in at 1 to 3 percent, compared with a Thomson Reuters Smart Estimate for 3 percent.

"The first quarter is always difficult when it comes to margins because of the winter sales," co-Chief Executive Rubin Ritter told Reuters.

He said that overall the first quarter had gone very well, and that the group had had a good response to a new marketing campaign targeting male customers.

"The new season's range has got off to a good start," he added.

Shares in Zalando were indicated down 3 percent after the results, set to be the biggest decliners on the MDAX index of medium-sized German companies.

DZ Bank analyst Thomas Maul said in a note that the lower than expected EBIT was nothing for investors to worry about.

"We believe that the combination of fashion expertise, high operating efficiency and innovative technology gives Zalando a competitive advantage," he wrote.

Founded in Berlin in 2008, Zalando has grown rapidly to become one of the German capital's biggest employers, delivering 1,500 brands in 15 countries from huge out-of-town warehouses.

It said sales in the first three months of the year rose a preliminary 22 to 24 percent to 971 to 987 million euros (812 million pounds to 825.5 million pounds), in line with a Smart Estimate for 982 million euros.

That compares with a growth rate of 24 percent a year ago and a rate of 26 percent in the fourth quarter of 2016.

Zalando, which delivers 1,500 brands to 15 countries, has seen sales growth slow in its core Germany, Austria and Switzerland region, but is still expanding fast in newer markets like the Nordics.

The company, which reports final quarterly results on May 9, reiterated a forecast for 2017 sales growth of 20 to 25 percent in 2017 and an EBIT margin of 5 to 6 percent.

($1 = 0.9331 euros)

(Reporting by Victoria Bryan and Rene Wagner; Editing by Maria Sheahan)

Stocks mentioned in the article
ChangeLast1st jan.
MDAX 0.47% 26513.46 Delayed Quote.0.81%
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on ZALANDO
07/02ZALANDO SE : Release according to Article 40, Section 1 of the WpHG [the German ..
EQ
06/16ZALANDO SE : Notification and public disclosure of transactions by persons
EQ
06/16ZALANDO SE : Notification and public disclosure of transactions by persons
EQ
06/16ZALANDO SE : Notification and public disclosure of transactions by persons
EQ
06/09ZALANDO SE : Notification and public disclosure of transactions by persons
EQ
06/09ZALANDO SE : Notification and public disclosure of transactions by persons
EQ
06/09ZALANDO SE : Notification and public disclosure of transactions by persons
EQ
06/08Deutsche Post warns parcel restructuring will hit profit
RE
06/06ZALANDO SE : Release according to Article 41 of the WpHG [the German Securities ..
EQ
06/04HENNES & MAURITZ : Zalando to expand to Ireland, Czech Republic
RE
More news
News from SeekingAlpha
05/12ZALANDO SE (ZLDSF) Co-CEO Rubin Ritter on Q1 2018 Results - Earnings Call Tra.. 
05/08ZALANDO SE ADR 2018 Q1 - Results - Earnings Call Slides 
05/08ZALANDO SE reports Q1 results 
03/01ZALANDO SE (ZLDSF) Co-CEO Rubin Ritter on Q4 2017 Results - Earnings Call Tra.. 
03/01ZALANDO SE 2017 Q4 - Results - Earnings Call Slides 
Financials (€)
Sales 2018 5 518 M
EBIT 2018 228 M
Net income 2018 132 M
Finance 2018 942 M
Yield 2018 -
P/E ratio 2018 91,80
P/E ratio 2019 67,42
EV / Sales 2018 1,96x
EV / Sales 2019 1,62x
Capitalization 11 771 M
Chart ZALANDO
Duration : Period :
Zalando Technical Analysis Chart | ZAL | DE000ZAL1111 | 4-Traders
Technical analysis trends ZALANDO
Short TermMid-TermLong Term
TrendsNeutralBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 27
Average target price 46,5 €
Spread / Average Target -1,8%
EPS Revisions
Managers
NameTitle
Robert Gentz Co-Chief Executive Officer
Rubin Ritter Co-Chief Executive Officer
David Schneider Co-Chief Executive Officer
Lothar Maximilian Lanz Chairman-Supervisory Board
Alexander Samwer Member-Supervisory Board
Sector and Competitors
1st jan.Capitalization (M$)
ZALANDO7.38%14 467
INDITEX - INDUSTRIA DE DISEÑO TEXTIL0.77%106 589
KERING25.32%72 668
FAST RETAILING CO LTD15.51%49 682
ROSS STORES6.12%32 066
PRADA S.P.A.26.50%11 685