Zalando Expects Revenue Growth To Be Blocked This Year.

Europe's largest fashion supplier, Zalando SE, is in its 2015 fiscal year today.

In this report, revenue growth is expected to slow further this year, from 33.6% in 2015 to 20%-25% in the medium range target, but it will be close to the ceiling, but it is still 26% worse than the market expected.

Zalando SE (ZAL.DE) fell by 2.8% at the most early Tuesday.

Zalando SE said that this year it will invest more resources in logistics to win.

It has increased the market share of the 1% cities currently in the European fashion apparel market to 5%.

The capital expenditure budget for this year's 200 million euros is substantially higher than that of last year's 70 million euros, mainly in expanding the existing distribution centers and speeding up the construction of fourth large warehouses, including the M&A budget.

Rubin Ritter, managing director of the group management committee, said at the conference call after the earnings report that the Uber Technologies Inc. will be an interesting mode of sending the Group partners' products to the consumers' home, but he did not disclose specific cooperation plans, nor did he intend to build his own fleet.

Rubin Ritter also pointed out that although the group's investment is large, it is still profitable.

In fiscal year 2015, Zalando SE recorded an adjusted EBIT pre tax profit of 107 million 500 thousand euros, an increase of 31.1% over the 82 million euro in the 2014 fiscal year, and a slight decrease from 3.7% to 3.6% after adjusting EBIT profit margins.

The adjusted profit margin of DACH EBIT is 6.4%, while that of other European markets is close to achieving.

The adjusted EBIT profit margin is -0.3%.

The Group expects that the profit margin of EBIT will be in the middle of 3.0%-4.5% this year, and the market is expected to be 4.5%.

The total revenue increased from 2 billion 214 million euros in the previous year to 2 billion 958 million 200 thousand euros.

The fourth quarter income increased by 30.5% to 868 million 500 thousand euros per year, due to the negative effects of the adverse seasonal and warm weather, the growth rate slowed sharply, and the three quarter growth rate was 42%.

According to the no fashion Chinese network data, the group's biggest competitor, the second largest fashion supplier in Europe, ASOS PLC (ASC.L), recorded a 29% increase in the European market in the latest 9-12 quarter.

Zalando SE today announced that Cristina Stenbeck, the chairman of the board of supervisors, will be leaving at the end of May, and the members of the board of supervisors, Lothar Lanz, have been nominated to take over.

Cristina Stenbeck is the chairman of Investment Kinnevik AB KINVb.ST (SE), an investment company holding Zalando SE 31.7% shares.

The adjusted EBIT of Zalando SE in the fourth quarter increased by 8.3% to 71 million 800 thousand euros.

By the end of 2015, mobile access to Zalando SE was 59.9% compared to the same period in the previous year, compared with 47.9% in 2014, and the number of downloads in mobile applications increased to 7 million from 7 million in the previous year.

Active users were close to 18 million, an increase of 22% over the previous year, and the unit price of customers reached a record high of 72.1 euros.