Financial Insights That Matter
Online fashion retailer Zalando reported higher full-year profits on Thursday, adding that it expects earnings to grow in the current year.
The company’s bottom line came in at €251.1 million ($271.7 million), compared to €83 million last year.
Looking ahead, for the full-year 2025, Zalando expects its adjusted earnings before interest and taxes (EBIT), to be in the range of €530 million to €590 million thanks to both, its online platform and its business-to-business (B2B) unit that serves other retailers.
The company’s revenue for 2024 rose 4.2% to €10.6 billion from €10.1 billion last year.
Annual gross merchandise volume, or GMV, increased to €15.3 billion from last year’s €14.6 billion.
Zalando’s full-year 2025 GMV and revenue are expected to grow between 4% and 9%.
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