Bryan Garnier - Inditex (ITX SM) (ITX SM) INDITEX: Q3 results showed strong execution on topics ITX can control | BUY | EUR30(+9%)

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Bryan Garnier

Cedric Rossi

INDITEX: Q3 results showed strong execution on topics ITX can control | BUY | EUR30(+9%)

INDITEX - BUY | EUR30(+9%)
Q3 results showed strong execution on topics ITX can control

ITX is now also a behemoth in the online fashion world
Inventory levels are healthy… and will be even healthier mid term
FCF generation will accelerate, likewise for shareholder return?
Covid-19 still there, no immediate upward revisions in the near-term

17/12/2020 5 EN

Underlying

Inditex (ITX SM)

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Provider

Bryan Garnier

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.

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Analysts

Cedric Rossi

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INDITEX: Q3 results showed strong execution on topics ITX can control | BUY | EUR30(+9%)

INDITEX: 1Q’25 RESULTS (ANÁLISIS BANCO SABADELL)

INDITEX: RDOS. 1T’25 (ANÁLISIS BANCO SABADELL)

IBERIAN DAILY 11 JUNE (ANÁLISIS BANCO SABADELL)

H&M: modest signs of improvement

Emerging consolidator in Germany’s optical retail sector

Avantium: multi-year capacity reservation with Royal Hordijk

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