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EQS-Ad-hoc: Zalando SE / Key word(s): Change in Forecast
Zalando SE: Adjustment of guidance for the 2025 financial year taking into account the strategic combination with ABOUT YOU
05-Aug-2025 / 17:59 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group.
The issuer is solely responsible for the content of this announcement.
Berlin, 5 August 2025 // Following the successful completion of the strategic combination of Zalando SE (“Zalando”) and ABOUT YOU Holding SE (“ABOUT YOU”) on 11 July 2025, Zalando has acquired 91.45% of ABOUT YOU’s share capital (excluding treasury shares). Since the completion of the transaction, ABOUT YOU has been consolidated into Zalando’s group financial statements. Against this background, Zalando is adjusting its forecast for the 2025 financial year considering the consolidation of ABOUT YOU.
Zalando now expects gross merchandise volume (GMV) of 17.2 billion euros to 17.6 billion euros. Revenue is projected to be between 12.1 billion euros and 12.4 billion euros. This represents an increase of 12% to 15% in GMV and an increase of 14% to 17% in revenue compared to the 2024 financial year (in which ABOUT YOU was not yet included in Zalando's consolidated financial statements).
With regard to profitability, the adjusted EBIT is expected to be between 550 million euros and 600 million euros. Zalando anticipates capital expenditure (Capex) of between 200 million euros and 280 million euros.
Previously, without the consolidation of ABOUT YOU, Zalando had forecast an increase in both GMV and revenue of 4% to 9%. The adjusted EBIT was expected to be in a range of 530 million euros to 590 million euros, while capital expenditure was projected to be between 180 million euros and 280 million euros.
With regard to the definition of the alternative performance indicator ‘adjusted EBIT’, the company refers to the relevant definition in its annual report 2024 on page 393 under the heading ‘4.3 Glossary’, which has been published on the company's website.
Person making the notification: Dr Martin Bredol, Senior Lead Corporate Law
Investor/Analyst inquiries:
Patrick Kofler
Investor Relations
investor.relations@zalando.de
+49 (0)30 20968 1584
Media inquiries:
Sarah Syed
Head of Business and Financial Communications
presse@zalando.de
+49 (0) 160 9684 4183
End of Inside Information
Information and Explanation of the Issuer to this announcement:
About Zalando
Founded in Berlin in 2008, Zalando is Europe’s leading online multi-brand fashion destination. We are building a pan-European ecosystem for fashion and lifestyle e-commerce, along two growth vectors: Business-to-Consumer (B2C) and Business-to-Business (B2B). In B2C, we provide an inspiring, high-quality multi-brand shopping experience for fashion and lifestyle products to more than 52 million active customers across 25 markets. In B2B, we leverage our logistics infrastructure, software, and service capabilities to support brands and retailers in managing and scaling their entire e-commerce business, both on and off the Zalando platform. On 11 July 2025, Zalando successfully closed its strategic combination with Hamburg-based ABOUT YOU, allowing both companies to serve customers and partners across Europe even better. ABOUT YOU’s operations add scale and complementary capabilities, fully aligning with Zalando’s ecosystem strategy.
05-Aug-2025 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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