BERLIN– German online retailing giant Zalando continued to grow in the second quarter, with group revenues rising 7.3 percent to 2.83 billion euros over the three-month period.

The second-quarter growth mirrors first quarter success and Zalando’s group revenues for the year so far total 5.25 billion euros, an increase of 7.6 percent compared to the same time last year.  

“We’re embracing the immense opportunities ahead of us with the expansion of our offerings and long-term partnerships,” Zalando co-chief executive officer David Schroeder said in a statement.

The results were broadly in line with market expectations and other key indicators were also looking healthy. The company’s gross merchandise value, or GMV, rose 5 percent to 4.06 billion euros between April and June. GMV measures how much inventory the platform has moved and is usually higher than company revenue.

The number of orders at Zalando also grew 2.5 percent to 65 million, active customers increased by 6.1 percent to 52.9 million, and the average value of each basket rose 1.2 percent to just over 61 euros per purchase.

Zalando’s adjusted EBIT — earnings before interest and taxes and considered an important indicator of day-to-day profitability — rose 8.1 percent to 185.5 million euros. In recent years, Zalando worried investors with its EBIT numbers because of the costs involved with this kind of retailing, but the company seems to have resolved this issue now.

Because of the mid-July acquisition of About You, another major online retailer based in Germany, the company changed its guidance for the full year. Zalando now expects revenues for the combined group to grow between 14 percent and 17 percent over the full year, and GMV to grow between 12 percent and 15 percent.

About You is based in Hamburg and caters to a younger consumer. In the first quarter of this year, it had revenues of around 2 billion euros and 13 million active customers.

Taken alone — without including About You — Zalando is expected to grow between 4 percent and 7 percent over the full year. Previously, the Berlin-based company had expected between 4 percent and 9 percent growth for Zalando alone.  

“The economic outlook for the euro area remains subdued due to ongoing trade tensions and heightened global uncertainty,” the company explained.

Zalando also expects adjusted EBIT to come in somewhere between 550 million euros and 600 million euros over the full year.