ZALANDO SE Zalando FY/2022
Financial Update
March 7, 2023
Dr. Sandra Dembeck (CFO)
Zalando FY/2022 | 2022 at a glance |
We delivered on our updated 2022 guidance
Growth
Profitability
Cash
GMV
Revenue
Adj. EBIT1 (in EUR m)
Capex
(in EUR m)
Net working capital (in EUR m)
2022 guidance | 2022 results |
3% - 7% | 3% |
0% - 3% | 0% |
180 - 260 | 185 |
350 - 400 | 352 |
neutral | (212) |
- Excludes equity-settledshare-based payment expense ("SBC"), restructuring costs and non- operating one-time effects
2
Zalando FY/2022 | Key highlights |
In H2/22, we returned to growth and delivered improved profitability,
against an increasingly challenging economic backdrop
Zalando group GMV growth in % | Zalando group adjusted¹ EBIT in EUR m and % of revenue |
6.2% | 2.9% |
159 | |||
0.5% | |||
0.1% | 26 | ||
H1/22 | H2/22 | H1/22 | H2/22 |
- Excludes equity-settledshare-based payment expense ("SBC"), restructuring costs and non- operating one-time effects
3
Zalando FY/2022 | Financial Update |
Financial Deep Dive FY & Q4/2022
4
Zalando FY/2022 | GMV & Revenue |
In Q4, we delivered solid growth with strong Offprice business and we successfully captured demand during Cyber Week and Christmas
Revenue - Group (FY)1
(in EUR m and %)
10,354 | GMV | 10,345 | |
GMV | |||
34.0% | 3.2% | ||
7,982 | GMV | (0.1)% | |
30.4% | |||
9,342 | 9,270 | ||
7,258 | (0.8)% | ||
10.0% | |||
978 | 1,458 | 1,603 | |
196 | 303 | 23.3% | 73 |
FY/20 | FY/21 | FY/22 | |
Fashion Store | Offprice | ||
Others3 | Group |
Revenue - Group (Q4)2
(in EUR m and %)
GMV
23.8% 3,168
3,100
GMV
38.0%2.2%
2,573
2,784 | 2,815 | ||
2,332 | 1.1% | ||
28.2% | |||
281 | 419 | 537 | |
75 | 104 | 23.0% | 128 |
Q4/20 | Q4/21 | Q4/22 | |
Fashion Store | Offprice | ||
Others 3 | Group |
GMV 5.5%
Fashion Store - DACH (Q4)
(Revenue in EUR m and %)
GMV | GMV | GMV | ||
21.4% | 0.4% | |||
32.7% | ||||
1,028 | 1,224 | 1,189 | ||
(2.8)% | ||||
Q4/20 | Q4/21 | Q4/22 | ||
Fashion Store - RoE (Q4) | ||||
(Revenue in EUR m and %) | ||||
GMV | GMV | |||
GMV | 21.2% | 4.2% | ||
1,304 | 45.3% | 1,560 | 1,626 | |
4.2% | ||||
Q4/20 | Q4/21 | Q4/22 |
- FY/22 contains (901)EUR m | FY/21 (749)EUR m | FY/20 (450)EUR m reconciliation of internal revenues
-
2 Q4/22 contains (312)EUR m | Q4/21 (207)EUR m | Q4/20 (114)EUR m reconciliation of internal revenues
3 Other segments including various emerging businesses, Zalon is reported in Fashion Store unit since Q1/22. Others include Highsnobiety from Q3/22
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Disclaimer
Zalando SE published this content on 07 March 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 March 2023 06:02:01 UTC.
