Zalando’s financial results for the first quarter of 2025 show a significant improvement. The German online retailer turned a profit of 9.9 million euros, compared to a loss of 8.8 million euros in the same period last year. Revenue rose 7.9% to 2.42 billion euros, driven by a 6.5% increase in gross merchandise volume (GMV) to 3.5 billion euros.
The company’s adjusted earnings before interest and taxes (EBIT) jumped 65.2% to 46.7 million euros. This strong performance was fueled by a successful end-of-season sale and a promising start to the spring/summer season. Zalando’s co-CEO, David Schröder, attributed the growth to the company’s expanded offerings and its loyalty program, Zalando Plus.
Key Highlights
Zalando’s active user base grew to 52.4 million, up from 49.5 million a year ago. The number of orders also increased by 6% to 58.5 million deliveries. The company’s business-to-business (B2B) segment continued to register double-digit growth rates.
The company’s logistics and software solutions are a key focus area for 2025. Zalando’s B2B business is expanding its logistics offering, ZEOS.
Outlook for 2025
For the full year 2025, Zalando expects GMV and revenue to grow between 4% and 9%. The company is targeting adjusted EBIT of between 530 million and 590 million euros. Zalando’s management remains committed to profitable growth.
Some key numbers to watch include:
- GMV growth: 4-9%
- Revenue growth: 4-9%
- Adjusted EBIT: 530-590 million euros
These targets reflect the company’s confidence in its strategy and its ability to drive sustainable growth.