Inditex has outperformed market expectations in profits, while its sales were slightly lower than consensus in Q1. Revenue was up 5% and EBITDA edged up 9% excluding the IFRS 16 impact. Q2 to 7 June sales surged by 9.5% at CER.
12 Jun 2019
Squeezing costs to preserve margins
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Squeezing costs to preserve margins
Industria de Diseno Textil, S.A. (ITX:WBO) | 0 0 1.6% | Mkt Cap: 83,713m
- Published:
12 Jun 2019 -
Author:
Rim BEN SALAH -
Pages:
3
Inditex has outperformed market expectations in profits, while its sales were slightly lower than consensus in Q1. Revenue was up 5% and EBITDA edged up 9% excluding the IFRS 16 impact. Q2 to 7 June sales surged by 9.5% at CER.