Zalando sales and profits surge

Zalando has reported EBITDA profits of €107.5 million for its 2015 financial year.

The e-tailer also reported a surge in revenues thanks to a 22% increase in active customers to nearly 18 million, as well as an "all-time high" of average orders per customer, increasing from €66.60 in 2014 to €67.80 in 2015.

Revenue for the fashion e-tailer grew by 33.6% year-on-year, as total revenues hit almost €3 billion. Revenue grew 28% in the DACH region (Germany, Austria and Switzerland), with revenues of €1.6 billion, while the rest of Europe grew 40.5% to €1.2 billion.

Rubin Ritter, member of Zalando's management board, said: "Our market position has never been stronger, and we have never faced so many great opportunities. We want to excite even more customers and gain further market share. We deliberately pursue growth while maintaining solid profitability - we think this is the best way to create long-term value."

Meanwhile, traffic from mobile devices increased from 48% in 2014 to 60% in 2015, while app downloads more than doubled to 16 million.

Over the last financial year, Zalando has made advancements to its platform strategy, by launching a number of products, including Zalon, a curated shopping service, and Zalando Media Solutions, a digital advertising service. The e-tailer also acquired Metrigo and, as well as acquiring a stake in Anatwine, which will all support the development of the platform.

Zalando also opened technology hubs in Dublin and Helsinki, while increasing its employee headcount to around 1,000 technologists by the year-end. Its fulfilment efforts will continue to expand, with plans for a third large fulfilment centre in Lahr, Germany, and its first satellite warehouse in Stradella, Italy.