ZALANDO: FY guidance upgrade reflecting better H1 | Conviction BUY | EUR115(+38%)
ZALANDO - Conviction BUY | EUR115(+38%)FY guidance upgrade reflecting better H1
Strong Q1 as already recently flagged by Zalando
FY 2021 guidance upgrade on both growth and margin
No hard-landing, no brutal deceleration in 2021
Conviction Buy reiterated
Zalando is an e-commerce group based in Germany. Co. is engaged in the online retailing of clothing, shoes and accessories for women, men and children. Co.'s product offering include more than 1,500 brands, including global and local brands, as well as private labels, including shoes, clothing and accessores as well as sportswear and homeware designed especially for the Co. The Co.'s product offering is complimented by the Zalando Lounge and Zalon apps, which provides registered members special offers at discounted prices. Co. also provides a combination of services that include free delivery and returns.
Since 1996, Bryan, Garnier & Co has been growing with an absolute conviction that the investment banking landscape would experience a major revolution: most of the large local generalist banking groups will disappear to the benefit of a handful of global powerhouses, and an emerging group of independent, highly specialised boutique investment banks.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.