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4-Traders Homepage  >  Equities  >  Bolsa de Madrid  >  Inditex SA    ITX   ES0148396007

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Inditex : Zara store owner sees solid profit growth in H1

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09/20/2017 | 10:07am CET

MADRID — Spanish fashion retailer Inditex, which owns the Zara stores, says its net profit jumped by 9 per cent in the first half of its fiscal year, following strong growth in online and in-store sales.

The world's largest clothes retailer said Wednesday that net profit for February through July rose to 1.37 billion euros ($1.64 billion) compared with 1.26 billion euros for the period last year.

It said sales rose 12 per cent to 11.7 billion euros.

Inditex said all its store brands registered growth in the period.

Founded in 1975 by Amancio Ortega, Inditex operates eight brands including Massimo Dutti, Bershka and Pull & Bear. It has 7,405 stores worldwide.

Inditex shares were down 2.5 per cent at 32 euros in early trading in Madrid.

© 2017 The Canadian Press. All rights reserved., source Canadian Press DataFile

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Financials (€)
Sales 2018 25 666 M
EBIT 2018 4 392 M
Net income 2018 3 386 M
Finance 2018 6 793 M
Yield 2018 2,34%
P/E ratio 2018 28,36
P/E ratio 2019 25,45
EV / Sales 2018 3,52x
EV / Sales 2019 3,17x
Capitalization 97 084 M
Duration : Period :
Inditex SA Technical Analysis Chart | ITX | ES0148396007 | 4-Traders
Technical analysis trends INDITEX SA
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus OUTPERFORM
Number of Analysts 37
Average target price 35,2 €
Spread / Average Target 13%
EPS Revisions
Pablo Isla Álvarez de Tejera Chairman & Chief Executive Officer
José Ignacio Fernández Chief Financial Officer
Gabriel Moneo Marina Chief Information Technology Officer
Amancio Ortega Gaona Non-Executive Director
Carlos E. D. L. M. Bernaldo de Quirós Director
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INDITEX SA-4.18%114 315
ROSS STORES16.92%29 334
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