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Zalando


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Top of the Street: AB Inbev, Elekta, Zalando

BUZZ-Top of the Street: AB Inbev, Elekta, Zalando A round-up of notable broker activity this morning from Europe's top-ranked* analysts: ** Morgan Stanley cuts Zalando ZALG.DE to "equal-weight" from "overweight" as it sees risks to the German online retailer's mid-term growth trajectory ** UBS raises Anheuser-Busch Inbev ABI.BR to "buy" from "neutral", saying the Belgian brewer is at the cusp of a significant free cashflow inflection, with $15 billion of excess cash supporting accelerated cash r
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European shares start week on bright footing on autos, banks' boost

UPDATE 1-European shares start week on bright footing on autos, banks' boost For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window Eurofins Scientific drops after Muddy Waters says short on co Germany's Hochtief tops STOXX on Jefferies upgrade STOXX 600 up 0.4% Updated at 0838 GMT By Shashwat Chauhan and Jesus Calero June 24 (Reuters) - European shares advanced on Monday, shrugging off initial losses as automobile and bank stocks rose, while f
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Hochtief, Telenor, Zalando SE

EUROPE RESEARCH ROUNDUP-Hochtief, Telenor, Zalando SE June 24 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Hochtief AG, Telenor and Zalando SE, on Monday. HIGHLIGHTS * Associated British Foods ABF.L : HSBC raises target price to 3,075p from 3,010p * Berkeley Group Holdings Plc BKGH.L : Morgan Stanley cuts PT to 4,369p from 4,516p * Hochtief AG HOTG.DE : Jefferies raises target price to EUR 124 from EUR 109 * Telenor TEL.OL : HSB
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MS sees mid-term growth risks for Zalando as competition rises

BUZZ-MS sees mid-term growth risks for Zalando as competition rises ** Morgan Stanley cuts Zalando ZALG.DE to 'equal-weight' from 'overweight' as it sees risks to mid-term growth trajectory ** Shares in the German online retailer fall as much as 10% ** MS estimates sit at the bottom-end of Zalando's medium-term revenue guidance for about 5-10% CAGR
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AB Dynamics, Etteplan, Wise

EUROPE RESEARCH ROUNDUP-AB Dynamics, Etteplan, Wise June 14 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including AB Dynamics, Etteplan and Wise, on Friday. HIGHLIGHTS * AB Dynamics Plc ABDP.L : Berenberg re-initiates coverage With Buy rating; PT 2,620p * Crest Nicholson CRST.L : Barclays cuts target price to 230p from 258p * Etteplan Oyj ETTE.HE : Evli Research raises to buy from hold * Halma HLMA.L : Barclays raises target price to 284
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EU in touch with Telegram as it nears criterion for EU tech rules

EU in touch with Telegram as it nears criterion for EU tech rules By Foo Yun Chee BRUSSELS, May 28 (Reuters) - EU tech regulators are in touch with messaging app Telegram as it nears a key usage criterion that could see it subject to more stringent requirements under a landmark EU online content legislation, the European Commission said on Tuesday.
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Zalando Co-Founder David Schneider To Hand Over His Co-CEO Role To David Schroeder

BRIEF-Zalando Co-Founder David Schneider To Hand Over His Co-CEO Role To David Schroeder May 14 (Reuters) - ZALANDO SE ZALG.DE : CO-FOUNDER DAVID SCHNEIDER TO FOCUS ON GROUP-WIDE STRATEGIC PARTNERSHIPS AND BRAND RELATIONS, HANDING OVER HIS CO-CEO ROLE TO DAVID SCHRÖDER CO-FOUNDER ROBERT GENTZ TO CONTINUE AS CO-CEO AND FOCUS ON EXPANDING ZALANDO'S B2C GROWTH VECTOR IMPACT OF CORPORATE FUNCTIONS TO BE STRENGTHENED UNDER LEADERSHIP OF CHIEF PEOPLE OFFICER DR.
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STOXX 600 closes at record high on earnings, rate cut optimism

UPDATE 2-STOXX 600 closes at record high on earnings, rate cut optimism For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Rio Tinto considered bid for BHP-target Anglo American -report Green energy production in Italy boosts Enel's Q1 results Medical gear maker Getinge plummets after FDA's safety warning Italy industry output posts unexpected fall in March Updated at 1552 GMT By Ankika Biswas and Johann M Cherian May 10 (Reuters) - Europe
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Carlsberg, Danske Bank, Teleperformance

EUROPE RESEARCH ROUNDUP- Carlsberg, Danske Bank, Teleperformance May 10 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Carlsberg, Danske Bank and Teleperformance, on Friday. HIGHLIGHTS * Carlsberg A/S CARLB.CO : HSBC raises target price to DKK 1040 from DKK 1030 * Danske Bank DANSKE.CO : HSBC cuts target price to DKK 231 from DKK 238 * Hermes HRMS.PA : Jefferies initiates coverage with buy rating; price target EUR 2,650 * Rathbone
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Berenberg ups Zalando to 'buy' on promising execution of new strategy, shares rise

BUZZ-Berenberg ups Zalando to 'buy' on promising execution of new strategy, shares rise ** Zalando ZALG.DE shares rise 4.3% in early Frankfurt trade after Berenberg raises the German online retailer to "buy" from "hold", citing "signs of positive execution in the newly outlined strategy and improving end-market dynamics" as well as undemanding valu
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Boohoo's annual earnings fall 7% after sales slump

UPDATE 2-Boohoo's annual earnings fall 7% after sales slump Core earnings of 58.6 mln stg at bottom end of guidance Losses at statutory level swell to 160 mln stg Says confident in medium-term outlook Shares down 4.8% Adds shares in paragraph 3, CEO comment in paragraph 10, detail paragraphs 8, 11 By James Davey LONDON, May 8 (Reuters) - British online fashion retailer Boohoo BOOH.L reported a 7% fall in annual core earnings at the bottom end of guidance after revenue dropped 17%, which it said
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Zalando sees sportswear opportunity in Euros and Olympics

Zalando sees sportswear opportunity in Euros and Olympics May 7 (Reuters) - Online retailer Zalando ZALG.DE is focused on the growing sportswear category as it looks ahead to the Euros soccer tournament and Olympic Games this summer potentially driving sales of team shirts and activewear more broadly. While Zalando's overall customer numbers fell in the first quarter, Chief Financial Officer Sandra Dembeck said the number of shoppers and the spend per person both grew in sportswear.
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European shares close at record highs on financials boost

UPDATE 2-European shares close at record highs on financials boost Adds missing figure in para 4 Infineon jumps 12.9% on Q2 sales beat Zalando surges on Q1 operating profit beat French cognac companies up on China's attitude to trade dispute ECB can't be lenient with structural inflationary forces - Nagel Updated at 1629 GMT By Ankika Biswas and Johann M Cherian May 7 (Reuters) - European shares closed at record high levels on Tuesday, with financials stocks in the spotlight following upbeat ear
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Europe sea of green as bank results buoy index

LIVE MARKETS-Europe sea of green as bank results buoy index Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com EUROPE SEA OF GREEN AS BANK RESULTS BUOY INDEX Europe's STOXX 600 .STOXX is ticking 0.5% higher, supported by a raft of expectation-beating results, particularly from banks, and optimism around the outlook for interest rate cuts.
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Zalando CFO: Bigger Moments Ahead In Sports With Olympics, European Championship - Investor Call

BRIEF-Zalando CFO: Bigger Moments Ahead In Sports With Olympics, European Championship - Investor Call May 7 (Reuters) - ZALANDO SE ZALG.DE : ZALANDO CFO: SO FAR WE HAVE SEEN MODEST ACCELERATION ON TOPLINE VERSUS Q1 - INVESTOR CALL ZALANDO CFO: IN SPORTS, BIGGER MOMENTS ARE AHEAD WITH OLYMPICS, EUROPEAN CHAMPIONSHIP - INVESTOR CALL Further company
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Zalando surges as adj. EBIT beat offsets weak customer numbers

BUZZ-Zalando surges as adj. EBIT beat offsets weak customer numbers ** 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.
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Zalando CFO: We Do Not Want To Compete In Ultra Fast Fashion, Ultra Low Price Point - Media Call

BRIEF-Zalando CFO: We Do Not Want To Compete In Ultra Fast Fashion, Ultra Low Price Point - Media Call May 7 (Reuters) - ZALANDO SE ZALG.DE : ZALANDO CFO ON CUSTOMER NUMBER DROP: SOME BUY QUALITY ITEMS LESS FREQUENTLY, SOME HAVE MOVED INTO CHEAPER OFFERING FROM RIVALS - MEDIA CALL ZALANDO CFO: WE DO NOT WANT TO COMPETE IN ULTRA FAST FASHION, ULTRA
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European futures higher as earnings roll in

LIVE MARKETS-European futures higher as earnings roll in Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com EUROPEAN FUTURES HIGHER AS EARNINGS ROLL IN European stocks are heading for a strong start to Tuesday, tracking Asian shares amid revived hopes of U.S.
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Online retailer Zalando returns to growth thanks to premium brands

UPDATE 4-Online retailer Zalando returns to growth thanks to premium brands Gross Merchandise Volume up 1.3% to 3.27 bln euros Shares rise 7% Active customers fall to 49.5 mln from 51.2 mln Zalando does not want to compete in ultra low prices - CFO Updates headline and paragraph 1, adds detail on price competition in 2, CFO in 3 and 11, shares in 5, customer numbers in 10 By Linda Pasquini and Helen Reid May 7 (Reuters) - Online fashion marketplace Zalando ZALG.DE returned to growth in the first
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Zalando returns to GMV growth in Q1

Zalando returns to GMV growth in Q1 May 7(Reuters) - Zalando ZALG.DE returned to growth in the first quarter, the German online fashion retailer said on Tuesday, as it improved the quality of its assortment and added logistics partners. Quarterly gross merchandise volume (GMV) - a key revenue metric measuring the total value of all goods sold - rose 1.3% to 3.27 billion euros ($3.52 billion) from 3.23 billion in the same period last year, the company said.
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