30 December 2024
Spanish fashion group Inditex has reported its financial results for the first nine months of 2024, when sales were up by 7.1% to €27.4 billion. By ILM.
Inditex opened stores in 45 markets during the nine-month period, ending with a total of 5,659 stores.
The company reported a gross profit of €16.3 billion, up 7.2%, while EBITDA grew by the same percentage to €8 billion. Net income for the period was up 8.5% to €4.4 billion.
Looking forward to the full fiscal year results, Inditex expects a currency impact of around -3%, and is planning to expand logistics through 2024 and in 2025.
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