Zalando: confirms annual targets
(CercleFinance.com) - Zalando this morning announced that its gross merchandise volume (GMV) increased by 7.
8% y-o-y to E3.5bn in Q3.
Sales rose by 5.0% to E2.4bn, and adjusted EBIT increased from E23m to E93m.
Its adjusted EBIT margin increased 2.9 points to 3.9%.
The number of active customers rose by around half a million sequentially, bringing the total number of active customers to 50.3 million in Q3.
Zalando has confirmed its guidance, which it raised on 10 October 2024, for FY 2024. The company expects gross merchandise volume (GMV) to grow between 3% and 5%, sales by between 2% and 5% and adjusted EBIT of E440m to E480m.
Copyright (c) 2024 CercleFinance.com. All rights reserved.
8% y-o-y to E3.5bn in Q3.
Sales rose by 5.0% to E2.4bn, and adjusted EBIT increased from E23m to E93m.
Its adjusted EBIT margin increased 2.9 points to 3.9%.
The number of active customers rose by around half a million sequentially, bringing the total number of active customers to 50.3 million in Q3.
Zalando has confirmed its guidance, which it raised on 10 October 2024, for FY 2024. The company expects gross merchandise volume (GMV) to grow between 3% and 5%, sales by between 2% and 5% and adjusted EBIT of E440m to E480m.
Copyright (c) 2024 CercleFinance.com. All rights reserved.