Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Finance > Zalando says its full-year profit to exceed own target
    Finance

    Zalando says its full-year profit to exceed own target

    Published by Global Banking & Finance Review®

    Posted on January 15, 2025

    1 min read

    Last updated: January 27, 2026

    This image represents Zalando's strong financial performance, as the company announces a profit forecast exceeding its own targets for 2024, signaling significant growth in the online retail sector.
    Zalando's profit forecast exceeds targets, showcasing growth in online retail - Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Tags:retail tradefinancial managementcustomerscorporate profitsinvestment portfolios

    Quick Summary

    Zalando projects its 2024 profit to exceed expectations, driven by customer growth and improved sales, with EBIT around 510 million euros.

    Zalando says its full-year profit to exceed own target

    (Reuters) - Europe's biggest online retailer Zalando said on Wednesday it expected its profit for 2024 to be above its own forecasts, after marketing-driven customer growth and improved sell-through led to better-than-expected fourth-quarter results.

    Zalando now anticipates adjusted earnings before interest and taxes (EBIT) of around 510 million euros ($525 million), surpassing its guidance range of 440 million-480 million euros.

    Preliminary figures show gross merchandise volume (GMV) in the year rose by 4.5% to 15.3 billion euros, while revenue grew by 3.9% to 10.5 billion euros, the company added.

    This compares to its forecast for GMV and revenues growth of 15.1 billion–15.4 billion euros and 10.3 billion–10.7 billion euros respectively.

    ($1 = 0.9721 euros)

    (Reporting by Linda Pasquini; Editing by Toby Chopra and Alexander Smith)

    Key Takeaways

    • •Zalando expects 2024 profit to exceed forecasts.
    • •Marketing-driven customer growth boosts results.
    • •EBIT anticipated at 510 million euros.
    • •GMV rose by 4.5% to 15.3 billion euros.
    • •Revenue grew by 3.9% to 10.5 billion euros.

    Frequently Asked Questions about Zalando says its full-year profit to exceed own target

    1What is Zalando's adjusted EBIT forecast for 2024?

    Zalando anticipates adjusted earnings before interest and taxes (EBIT) of around 510 million euros, exceeding its guidance range of 440 million to 480 million euros.

    2How much did Zalando's gross merchandise volume increase?

    Preliminary figures show that Zalando's gross merchandise volume rose by 4.5% to 15.3 billion euros.

    3What was the revenue growth reported by Zalando?

    Zalando reported a revenue growth of 3.9%, reaching 10.5 billion euros.

    4How do Zalando's actual figures compare to its forecasts?

    Zalando's actual figures for gross merchandise volume and revenue exceeded its forecasts, which were between 15.1 billion to 15.4 billion euros for GMV and 10.3 billion to 10.7 billion euros for revenue.

    5What factors contributed to Zalando's profit expectations?

    Zalando's profit expectations are driven by marketing-driven customer growth and improved sell-through rates.

    More from Finance

    Explore more articles in the Finance category

    Image for French miner Eramet's finance chief steps aside temporarily, days after CEO ouster
    French miner Eramet's finance chief steps aside temporarily, days after CEO ouster
    Image for Ukraine's Zelenskiy calls for faster action on air defence, repairs to grid
    Ukraine's Zelenskiy calls for faster action on air defence, repairs to grid
    Image for Goldman Sachs teams up with Anthropic to automate banking tasks with AI agents, CNBC reports
    Goldman Sachs teams up with Anthropic to automate banking tasks with AI agents, CNBC reports
    Image for Analysis-Hims' $49 weight-loss pill rattles investor case for cash-pay obesity market
    Analysis-Hims' $49 weight-loss pill rattles investor case for cash-pay obesity market
    Image for Analysis-Glencore to focus on short-term disposals as Rio deal remains elusive
    Analysis-Glencore to focus on short-term disposals as Rio deal remains elusive
    Image for Belgium's Agomab Therapeutics valued at $716 million as shares fall in Nasdaq debut
    Belgium's Agomab Therapeutics valued at $716 million as shares fall in Nasdaq debut
    Image for Big Tech's quarter in four charts: AI splurge and cloud growth
    Big Tech's quarter in four charts: AI splurge and cloud growth
    Image for EU hikes tariffs on Chinese ceramics to 79% to counter dumping 
    EU hikes tariffs on Chinese ceramics to 79% to counter dumping 
    Image for AI trade splinters as investors get more selective
    AI trade splinters as investors get more selective
    Image for EU extends tariff suspension on $109.8 billion of US imports for six months
    EU extends tariff suspension on $109.8 billion of US imports for six months
    Image for Dog food maker Ollie acquired by Spain’s Agrolimen
    Dog food maker Ollie acquired by Spain’s Agrolimen
    Image for Salzgitter to take over HKM steel joint venture, end clash with Thyssenkrupp
    Salzgitter to take over HKM steel joint venture, end clash with Thyssenkrupp
    View All Finance Posts
    Previous Finance PostAirbus CEO confident about 75 aircraft a month target
    Next Finance PostLuxury groups pin hopes on US as China weakness persists