Zalando: net profit triples in 2024
(CercleFinance.com) - Zalando reports that its GMV sales volume (i.
e. all merchandise sales, other revenues and marketplace business volume) reached E15.29bn in FY 2024, up 4.5% from the previous year.
Sales rose 4.2% to E10.57bn, with adjusted EBIT of E511m (vs. E350m a year earlier).
Zalando finally recorded a net profit of E251m for the fiscal year, in line with consensus, and triple that of FY 2023 (E83m).
For 2025, the German online retailer is targeting a 4%-9% increase in gross merchandise volume (GMV) and sales. Zalando expects adjusted EBIT to reach between E530m and E590m.
Copyright (c) 2025 CercleFinance.com. All rights reserved.
e. all merchandise sales, other revenues and marketplace business volume) reached E15.29bn in FY 2024, up 4.5% from the previous year.
Sales rose 4.2% to E10.57bn, with adjusted EBIT of E511m (vs. E350m a year earlier).
Zalando finally recorded a net profit of E251m for the fiscal year, in line with consensus, and triple that of FY 2023 (E83m).
For 2025, the German online retailer is targeting a 4%-9% increase in gross merchandise volume (GMV) and sales. Zalando expects adjusted EBIT to reach between E530m and E590m.
Copyright (c) 2025 CercleFinance.com. All rights reserved.