Zalando : Set for a message of caution for 2022 and the impact of inflation
>Major areas of uncertainty in the short term, but fall in the share price is overdone for an unchanged long term profile – Outperform recommendation, target price adjusted to € 75 - Zalando is due to publish its Q1 2022 results on 5 May. We expect the group to send a cautious message on 2022 (significant impact of inflation on consumer spending) and revise its guidance for the year. We are therefore adjusting our expectations for adjusted EBIT by 15% to € 400m (11% b...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.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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