Zalando Wants to Grow by “20-25%” in 2017, After Growing By 23% in 2016

Zalando released its annual report today:

Zalando expects to continue outperforming the fashion retail market again in 2017 and grow revenues in a range of 20-25%, following a strong 2016 performance when Europe’s leading online fashion platform gained market share in every single quarter. Driven by a systematic focus on consumers and suppliers, as well as further investments into the company’s infrastructure, 2016 revenues grew by 23.0% to
EUR 3,639 million (2015: EUR 2,958 million). The adjusted EBIT margin increased to 5.9%, which corresponds to an adjusted EBIT of EUR 216.3 million (2015: EUR 107.5 million, 3.6%). For 2017, Zalando expects an adjusted EBIT margin in the range of 5.0-6.0%.

A 25% increase means Zalando would look at €4.5 billion in revenues in 2017.

Zalando saw 20 million customers in 2016, an increase of 11%.

More information can be found at the investor relations site at Zalando. The earnings call presentation can be found here. (PDF)

Some highlights from the presentation:

Zalando 2016.png

Zalando 2016 2.png

Zalando 2016 3.png

More on this topic:

2 comments

  1. […] Zalando Wants to Grow by “20-25%” in 2017, After Growing By 23% in 2016 […]

    Like

  2. […] Zalando Wants to Grow by “20-25%” in 2017, After Growing By 23% in 2016 […]

    Like

%d bloggers like this: