The online fashion retailer Zalando announced on Thursday a significant increase in its annual profit and expects this upward trend to continue this year.
The company reported a profit of €251.1 million compared to €83 million achieved in 2023.
For the whole of 2025, Zalando anticipates earnings before interest and taxes (EBIT) to range between €530 million and €590 million, driven by both its online retail and B2B activities.
Revenue increased by 4.2% last year compared to 2023, reaching €10.6 billion. The German group expects revenue to grow by 4% to 9% in 2025.