Zalando accelerated in Q4 (+24.6%) and closed the year with a 20% sales growth. The adjusted EBIT margin dropped 160bp to 3.2% and adjusted EBIT was down 19.4% to €173.4m. Operating profit dropped 36.5% to reach €119.2m vs. €125m estimated.
28 Feb 2019
Zalando fulfills the low end of guidance, but only just
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Zalando fulfills the low end of guidance, but only just
Zalando SE (ZAL:WBO) | 0 0 2.1% | Mkt Cap: 11,863m
- Published:
28 Feb 2019 -
Author:
Rim BEN SALAH -
Pages:
3
Zalando accelerated in Q4 (+24.6%) and closed the year with a 20% sales growth. The adjusted EBIT margin dropped 160bp to 3.2% and adjusted EBIT was down 19.4% to €173.4m. Operating profit dropped 36.5% to reach €119.2m vs. €125m estimated.