Zalando Q2 revenues up but EBIT declines 6.4 percent

Zalando said that its group revenues grew in the second quarter of 2015 to 727-738 million euros (789-800 million dollars) or by 33-35 percent, according to preliminary figures. Zalando expects to achieve an adjusted EBIT of 22-37 million euros (23.8-40.1 million dollars), corresponding to an adjusted EBIT margin of 3-5 percent compared to 35 million euros (37.9 million dollars) or 6.4 percent.