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Inditex Puts Its Profit at 1.305 Million After Achieving a New Sales Record
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14 Articles
Inditex, the owner of brands such as Zara, Pull& Bear, Massimo Dutti or Bershka, has achieved a net profit of €1,305 million at the end of its first fiscal quarter, covering from February 1 to April 30 of this year. This represents 0.8% more compared to 12 months ago. What marks a new roof for the company (a year ago its net profits were 1,294 million, 10.8%), but the forecasts of analysts are met of a slow growth. On the other hand, sales have …
Amancio Ortega, through his holding Pontegadea, has built a large real estate portfolio with investments in Spain, Europe and the United States. His portfolio includes offices, logistics centers, housing buildings and department stores, with a total value of more than 20,000 million euros. The real estate sector remains one of the most profitable investments for the founder of Inditex, who manages through Pontegadea the acquisition of buildings,…
The CEO of Inditex, Óscar García Maceiras, has emphasized that Inditex has "great growth opportunities" in all markets, including the United States, and with all its brands, despite having moderated its growth by earning 1.305 million in its first fiscal quarter (+0.8%) and raising 1.5% sales.
The Ibex 35 has closed this Wednesday with a decrease of 0.61%, until it stands at 14,134.1 points, weighed by its largest capitalization company, Inditex, which has yielded 4.37% after slowing its growth in its first fiscal quarter.The Spanish giant presented on Wednesday its results from its first fiscal quarter (between February 1 and April 30), when it obtained a net profit of 1,305 million euros, representing an increase of 0.8% over a year…
Inditex recorded a net profit of €1,305 million during the first quarter of its fiscal year 2025-2026 (between February 1 and April 30), which represents an increase of 0.8% over a year earlier, a fact that represents a slowing down of growth. According to the group presided [...] The post Inditex moderates its growth by winning €1,305 million in the first quarter appeared first on Ecommerce News.
"Results that fail to meet forecasts at the operational level and start sales in the second quarter slightly below our estimates", explains the analysts of Renta 4, who advise to 'maintain' the value, with an objective price of 50 euros per share. "In addition, the directive previews a greater negative impact of the currency on the growth of sales of 2025", they say. They also emphasize as negative that "the net box has been reduced, contrary to…
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