Inditex: normalised, not neutralised (cancel & replace)
Whereas Q1 results broadly met expectations, current trading was again underwhelming, with sales from 1st May to 9th June up 6% FX-n (vs. CSSe c.+7%), reflecting volatile demand and a tough comp base. We have trimmed our FY25 estimates by 3% to account for the ongoing normalisation phase and a more
Since 1996, Bryan, Garnier & Co has been growing with an absolute conviction that the investment banking landscape would experience a major revolution: most of the large local generalist banking groups will disappear to the benefit of a handful of global powerhouses, and an emerging group of independent, highly specialised boutique investment banks.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.