Berlin online fashion retailer Zalando has announced its preliminary figures for the first half of 2014. According to the company, the first six months were very successful. For the first time, operational black figures were attained. In the second quarter, earnings before interest, taxes, depreciation and amortization (EBIT) come to 35 million euros. In comparison to the prior-year-quarter Zalando had lost 31 million euros. Rubin Ritter, member of the Zalando management board, stated: “Reaching a positive EBIT margin in the first half year of the financial year is a great success for Zalando.

Viewed historically, our performance in the first half of the year is much weaker than in the second half of the year.” According to the company, the notable improvements are the result of the optimizations including logistic, marketing and cost of goods.