Inditex : +11% trading update means growth remains strong; in-line results, € 1.54 DPS and guidance for stable gross margin
>Strong growth remains and opex is fully under control - Inditex’s Q4 2023 results were in line with both the consensus and our estimates at the P&L level due to almost no differences in sales performance (0.1% or € 6m a above our estimates) with gross profit 1.0% above consensus and 1.1% below our estimates (€ 54m above and € 62m below respectively) and with such limited differences maintained in relative terms but reduced in absolute terms at EBITDA level (€ 23m ab...Industria de Diseno Textil Inditex is the parent company of a group engaged in apparel and footwear manufacturing and retailing. The Group is made up of fashion retail chains, textile manufacturing, purchasing and fabric treating companies, logistics and construction companies which are responsible for store refits and manufacturing structure. Products include men's, women's and children's wear collections, footwear, and women's lingerie which are sold through the Group's retail store chains of: Zara, Kiddy's Class, Pull & Bear, Massimo Dutti, Bershka, Stradivarius, and Oysho and Zara Home.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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.