March 6 (Reuters) - Online fashion marketplace Zalando said on Thursday it expected higher profits in 2025, supported by further growth in both its online platform and the business servicing other retailers.
Zalando forecast adjusted earnings before interest and taxes (EBIT) of 530 million to 590 million euros ($573 million to $638 million) for the year, up from 511 million euros in 2024.
It expects revenue and gross merchandise volume to rise between 4% and 9% in 2025, compared with a 4.2% revenue rise to 10.6 billion euros and a 4.5% GMV jump to 15.3 billion euros last year.
The guidance excludes the planned acquisition of rival About You, which is expected to close in summer 2025.
($1 = 0.9246 euros)
Reporting by Linda Pasquini in Gdansk; editing by Milla Nissi
Source: Reuters