Inditex : Fast and resilient growth, raising estimates and TP
>Strong Q2, double digit top-line growth and 120bp EBIT margin improvement - Last week, Inditex reported fast top-line growth (10% y-o-y at constant currencies) and better-than-expected profits (EBIT of € 1.9bn was 3% above consensus) for Q2 2024 which ended in July. This was driven by growth across both channels (offline and online) and across all concepts. In terms of regions, we understand that Spain and Rest of Europe remained strong while Asia was more difficult....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.