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Zalando surges as adj. EBIT beat offsets weak customer numbers



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** Zalando ZALG.DE shares rise 6.5% after the German online retailer delivered a better-than-expected Q1 operating profit, despite weak customer metrics

** Baader Helvea deems the results as solid, with better-than-feared improvement in adj. EBIT and GMV and sales in line with expectations

** Adj. EBIT exceeded market's expectation of 20 million euros, the broker says

** Bernstein flags customer metrics remain weak, while GMV beat off a low base was driven by higher average basket size as inflation feeds through, it says

** Stock at top of German blue-chip index .GDAXI and among top performers on pan-European STOXX 600 index .STOXX




Reporting by Linda Pasquini

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