|Bid||95.64 x 28600|
|Ask||95.66 x 25500|
|Day's Range||93.52 - 95.80|
|52 Week Range||61.32 - 105.90|
|Beta (5Y Monthly)||1.24|
|PE Ratio (TTM)||72.12|
|Earnings Date||Aug 05, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||37.18|
Sweden's Kinnevik, one of Europe's largest listed investment firms, on Monday reported an 11% rise in second-quarter net asset value from the prior quarter helped by its investments in companies such as Pleo and Budbee. Net asset value, which excluded Zalando's valuation of 54.1 billion Swedish crowns ($6.32 billion), grew by 12.6 billion crowns to 76.2 billion from the previous quarter. Earlier this year it announced https://www.reuters.com/article/us-kinnevik-dividend-zalando-idUSKBN2AH0VN plans to distribute its stake in German online fashion group Zalando to its shareholders.
German online fashion retailer Zalando will invest 300 million euros ($358 million) in a new logistics site in France that will lead to the creation of 2,000 jobs, the French presidential palace said on Monday. It is one of the 22 investment projects outlined by the Elysee palace, for a total of 3.5 billion euros, as French President Macron welcomes 120 international chief executives in Versailles on Monday for his now traditional "Choose France" summit in which he pitches France as an investment destination. Robert Gentz, one of Zalando co-CEO's, is on Macron's guest list.
Europe's biggest online only fashion retailer Zalando, which has seen sales soar during coronavirus lockdowns, said on Thursday it will grant all staff an extra week off in recognition of the pressure of recent months. Zalando's more than 14,500 employees can take off from Aug. 2 to Aug. 6 as a "collective break" to recognise their performance and allow them to recover from the pandemic workload, chief people officer Astrid Arndt said in a blog post. The company's business will be maintained by staff in critical positions, such as those in warehouses, who can take the five days at a different time.