Zalando SE publishes first-year initial earnings

February 13 News, Europe's largest fashion dealer Zalando SE 11th released the four quarter and the year's initial results. For the first time in 2014, the group made a profit, with a total of 62 million euros a year EBIT, adjusted to EBIT 82 million euros and a year earlier with a loss of 109 million euros and a EBIT profit margin of 3.7%.
Zalando SE Board member Rubin Ritter said the company's model is sustainable after the listing, and will continue to stick to long-term investment strategies in the future.

As of the end of December 2014, Zalando SE revenue grew 26%, from € 1.762 billion a year earlier to 2.214 billion euros, including four quarterly growth of 21%, From 550 million euros a year earlier to 666 million euros, the group adjusted to EBIT 66 million euros in the four quarter, and EBIT margins were 9.9%.

Zalando SE expects a 20%-25% increase in revenue for fiscal year 2015. The company will be released in early March to complete its annual earnings. The company's shares closed at 22.50 euros in Tuesday, slightly down 0.44%.