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Inditex Posts Record H1 Profit, Signals Rebound With 9% Early Autumn Sales Growth

Post‑period trading shows 9% constant‑currency growth on strong reception of new collections.

Overview

  • First‑half sales rose 1.6% to €18,357 million, or 5.1% at constant exchange rates.
  • Net profit reached a record €2,791 million, up 0.8%, with gross margin at €10,703 million (58.3% of sales).
  • EBITDA increased 1.5% to €5,114 million and EBIT grew 0.9% to €3,572 million, with profit before tax at €3,601 million (+0.1%).
  • Inditex remained debt‑free with €10.012 billion in cash, an 8% year‑on‑year decline, as operating expenses rose 2.2%.
  • The group opened stores in 35 markets to operate 5,528 locations, while inventory rose 3.1% and was described as high quality.