European e-commerce big Zalando has delivered a “sturdy” first quarter by accelerating development and enhancing profitability, efficiently executing its Ecosystem Technique.
In the course of the first quarter of 2025, Zalando’s income grew by 7.9% to €2.4 billion (£2.06 billion) in contrast with €2.2 billion (£1.89 billion) a yr earlier, supported by its Advertising and marketing Companies’ “sturdy efficiency”.
GMV elevated 6.5% to €3.5 billion (£3.01 billion) whereas Adjusted EBIT rose to €46.7 million (£40.16 million) – consistent with market expectations.
David Schroeder, Co-CEO of Zalando, mentioned: “Our ecosystem technique is progressing properly, and clients and companions are embracing our increasing choices.
“Progress in B2C accelerated because of a profitable end-of-season sale, a promising begin to the spring/summer season season supported by the continued roll-out of our up to date loyalty program Zalando Plus and a brand new excessive of lively clients. In B2B, we’re delighted to see a continuation of our double-digit development trajectory as we’re working to advance our ZEOS providing with a specific deal with logistics and software program options this yr.”
Inside the B2C development vector, the corporate noticed revenues rise by 7.6%. The variety of lively clients elevated to 52.4 million, up 2.9 million in comparison with the yr prior, reaching an all time report.
Zalando continued to roll out the up to date loyalty programme Zalando Plus, which is now dwell in 13 markets, with over 15% of consumers already enrolled. Zalando’s final ambition is to serve nearly all of clients with this programme and to extend their common order frequency.
In B2B, Zalando has continued opening up its logistics infrastructure, software program and repair capabilities to third-party manufacturers. On this sector, income grew by 11.6% to €240 million (£206.4 million) and adjusted EBIT got here in at €5.8 million (£4.99 million).
Wanting forward, Zalando confirmed its full yr steering for 2025, regardless of a fast-changing geopolitical and macro-economic surroundings. It expects each GMV and income to develop between 4% to 9% in comparison with the yr prior and adjusted EBIT to achieve a degree between €530 million (£455.8 million) and €590 million (£507.4 million).
Nevertheless, the corporate mentioned that the steering doesn’t account for the results of the deliberate acquisition of About You, which it acquired in December to speed up its efforts to construct the main vogue and life-style e-commerce ecosystem. The e-tailer entered an settlement to accumulate German vogue e-tailer About You to “higher serve the wants of consumers and companions”.
