Inditex preserved its pace of growth during Q4, leading to a full-year sales’ increase of 11.5%. Group sales amounted to €23.31bn. Same-store sales edged up by 10% boosted by a favourable momentum experienced in all regions and across all brands. The gross margin retreated by 80bp to 57%, generating a gross profit of €13.28bn. EBITDA rose by 8% to €5.08bn. The cut in the operating margin was limited to 35bp to 17.24% with an operating profit of €4.02bn. Net profit am
15 Mar 2017
FY16 figures come as no surprise
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FY16 figures come as no surprise
Industria de Diseno Textil, S.A. (ITX:WBO) | 0 0 1.6% | Mkt Cap: 83,713m
- Published:
15 Mar 2017 -
Author:
Rim BEN SALAH -
Pages:
2
Inditex preserved its pace of growth during Q4, leading to a full-year sales’ increase of 11.5%. Group sales amounted to €23.31bn. Same-store sales edged up by 10% boosted by a favourable momentum experienced in all regions and across all brands. The gross margin retreated by 80bp to 57%, generating a gross profit of €13.28bn. EBITDA rose by 8% to €5.08bn. The cut in the operating margin was limited to 35bp to 17.24% with an operating profit of €4.02bn. Net profit am