Kinnevik: Zalando releases preliminary results for 2014
(Thomson Reuters ONE) -
Investment AB Kinnevik today announced that Zalando has published preliminary
results for 2014.
Zalando was profitable in 2014 after a strong Q4 2014.
* Group revenue growth at about 26 per cent in full year 2014
* All-time high adjusted EBIT margin for Q4 at 9.9 per cent
* First ever profitable annual adjusted group EBIT margin of 3.7 per cent
* Performance proves that business model can achieve significant margin
The full release can be found at www.corporate.zalando.com.
For further information, visit www.kinnevik.se or contact:
Torun Litzén, Director, Investor Relations Phone +46 (0)8 562 000 83
Mobile +46 (0)70 762 00 83
Investment AB Kinnevik is a leading, long-term oriented, investment company
based in Sweden. Kinnevik primarily invests in consumer centric businesses that
provide innovative and value-added technology-enabled services. Our main areas
of focus are the Communications, e-Commerce, Entertainment and Financial
Services sectors. We own significant stakes in over 50 companies that operate in
more than 80 countries across five continents, with a particular emphasis on
growth markets. The Kinnevik Group employs more than 90 000 people around the
world.
Kinnevik actively supports the companies in which it invests and plays an
influential role on their respective Boards. Kinnevik was founded in 1936 by
three Swedish families who continue to play a leadership role in the ownership
of the Company and in the pursuit of its entrepreneurial ventures.
Kinnevik's shares are listed on Nasdaq OMX Stockholm's list for large cap
companies under the ticker codes KINV A and KINV B.
Press release:
http://hugin.info/1114/R/1893930/671257.pdf
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Kinnevik via GlobeNewswire
[HUG#1893930]
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Bereitgestellt von Benutzer: hugin
Datum: 12.02.2015 - 08:00 Uhr
Sprache: Deutsch
News-ID 371145
Anzahl Zeichen: 2560
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