Zalando has beaten estimates in H1 and raised its full-year guidance. Sales were up 20.1% at CER in Q2 and GMV up 23.7%. Guidance for the adjusted EBIT is now at the upper half of the range of €175-225m. Capex was maintained at €300m.
01 Aug 2019
Zalando beats estimates in H1 and raises its guidance
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Zalando beats estimates in H1 and raises its guidance
Zalando SE (ZAL:WBO) | 0 0 2.1% | Mkt Cap: 11,863m
- Published:
01 Aug 2019 -
Author:
Rim BEN SALAH -
Pages:
3
Zalando has beaten estimates in H1 and raised its full-year guidance. Sales were up 20.1% at CER in Q2 and GMV up 23.7%. Guidance for the adjusted EBIT is now at the upper half of the range of €175-225m. Capex was maintained at €300m.