Inditex has released quite healthy 9-months results. The continued strong sales growth and a good improvement in the gross margin during the third quarter (c. 60% in Q3 19 vs. 56.8% in H1 19) have resulted in a bottom-line yoy growth of 12% to €2.7bn in 9M 19.
11 Dec 2019
Reassuring improvement in the gross margin
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Reassuring improvement in the gross margin
Industria de Diseno Textil, S.A. (ITX:WBO) | 0 0 1.6% | Mkt Cap: 83,713m
- Published:
11 Dec 2019 -
Author:
Jie Zhang -
Pages:
2
Inditex has released quite healthy 9-months results. The continued strong sales growth and a good improvement in the gross margin during the third quarter (c. 60% in Q3 19 vs. 56.8% in H1 19) have resulted in a bottom-line yoy growth of 12% to €2.7bn in 9M 19.