Zalando exceeds its own expectations – schuhkurier

Zalando has published preliminary financial figures for 2024 and was able to exceed the profitability forecast. According to the last forecast from October 10th, 440 to 480 million euros. expected. Now it is expected to be 510 million euros. Zalando explains its success with a better-than-expected fourth quarter, strong marketing-driven growth and better sales. According to preliminary figures, gross merchandise volume (GMV) rose by 4.5% to 15.3 billion euros, and sales rose by 3.9% to 10.5 billion euros. The capital expenditure (capex) amounted to 210 million euros. Zalando SE will publish full financial year 2024 results on March 6, 2025.

Source link