business
Tuesday, July 21, 2015
The clothes senders Zalando growing continuously. In the second quarter, revenues rise considerably. But the spending basket. And so remains despite customers rush at the end hardly at the box office.
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The online fashion retailer Zalando is growing faster than expected. The company not only beats analysts’ forecasts, but also their own. However, remains of the additional revenue hardly anything in the checkout. The profitability of the Group was in April even declined until the end of June.
As the company announced preliminary, euro were in the three months likely saved between 727 million and 738 million. This represents an increase of about one third compared to the same period last year, as the Zalando SE announced. Analysts had expected 696 million euros.
The operating result Zalando is however remained very vague. When adjusted earnings before interest and taxes (EBIT) of MDAX-listed group called a margin of 22 million to 37 million euros. In the previous year the value had amounted to 35 million euros. In the first quarter there were nevertheless still € 29 million. The adjusted EBIT margin has therefore reduced from 6.4 to 3 to 5 percent. The reason for the declining margin Zalando called a transient increase in payment costs.
Read more aboutThe full figures will present on August 13 Zalando. Then it will also possibly give an adaptation of the 2015 forecast.
In the first half the company had an increase of between 1.37 billion and 1.38 billion euros. That would be on an annual basis, an increase by almost one third. Adjusted EBIT – in view of the previously reported wide margin in the second quarter – between 51 million and 66 million euros. The margin thus amounts to four percent.
Source: n-tv.de
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