Inditex accelerated its growth in Q2 and closed H1 with 7% growth at constant rates. However, its gross margin was down in Q2 which raised concerns about the group’s pricing power. The operating margin was up 110bp to 15.9%.
11 Sep 2019
Better growth but lower gross margin in Q2
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Better growth but lower gross margin in Q2
Industria de Diseno Textil, S.A. (ITX:WBO) | 0 0 1.6% | Mkt Cap: 83,713m
- Published:
11 Sep 2019 -
Author:
Rim BEN SALAH -
Pages:
2
Inditex accelerated its growth in Q2 and closed H1 with 7% growth at constant rates. However, its gross margin was down in Q2 which raised concerns about the group’s pricing power. The operating margin was up 110bp to 15.9%.