Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Bolsa de Madrid  >  Inditex - Industria de Diseño Textil    ITX   ES0148396007

INDITEX - INDUSTRIA DE DISEÑO TEXTIL

(ITX)
  Report  
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector newsAnalyst Recommendations

Inditex Industria de Diseño Textil : 1st Half Net Profit Rose; Sees FY19 LFL Sales Growth

share with twitter share with LinkedIn share with facebook
share via e-mail
0
09/11/2019 | 02:33am EDT

By Olivia Bugault

Spain's Inditex (ITX.MC) said Wednesday that net profit in the first half grew, and that the company expects like-for-like sales to rise by a mid-single digit in its full-year 2019.

The company, which owns the Zara chain of stores, said net profit for the period was 1.55 billion euros ($1.71 billion), compared with EUR1.41 billion a year earlier.

Sales rose 7% to EUR12.82 billion, helped by growth in all brands and regions, the company said. On a like-for-like basis, sales grew 5%.

Gross margin for the first half was 56.8%, compared with 56.7% the year previous.

The company said store and online sales rose 8% between Aug. 1 and Sept. 8 in local currencies. and estimates that LFL sales will grow by 4% to 6% in its full-year 2019.

Write to Olivia Bugault at olivia.bugault@dowjones.com

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on INDITEX - INDUSTRIA DE DIS
09/17INDITEX INDUSTRIA DE DISEÑO TEXTIL : French Connection posts smaller loss, sees ..
RE
09/16H&M to test selling external brands in strategy shift
RE
09/16HENNES & MAURITZ : Summer ranges lift H&M's sales but at a price
RE
09/11EUROPE : European shares hit six-week high on trade relief, stimulus hope
RE
09/11EUROPEAN PRESS ROUNDUP : Italy's New Government Wins Confidence Vote in Senate
DJ
09/11EUROPE MARKETS: Europe Stocks Higher On China Move To Relax Tariffs; LSE Rall..
DJ
09/11HENNES & MAURITZ : Zara owner Inditex disappoints on profit margin despite stron..
RE
09/11INDITEX INDUSTRIA DE DISEÑO TEXTIL : 1st Half Net Profit Rose; Sees FY19 LFL Sal..
DJ
09/05INDITEX INDUSTRIA DE DISEÑO TEXTIL : Fashion brand Zara seeks to distance itself..
RE
09/04Share index relegation a sign of the times for once mighty M&S
RE
More news
Financials (EUR)
Sales 2020 28 013 M
EBIT 2020 4 941 M
Net income 2020 3 783 M
Finance 2020 8 024 M
Yield 2020 4,02%
P/E ratio 2020 21,9x
P/E ratio 2021 20,7x
EV / Sales2020 2,67x
EV / Sales2021 2,46x
Capitalization 82 918 M
Chart INDITEX - INDUSTRIA DE DISEÑO TEXTIL
Duration : Period :
Inditex - Industria de Diseño Textil Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends INDITEX - INDUSTRIA DE DIS
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 27
Average target price 28,86  €
Last Close Price 26,63  €
Spread / Highest target 31,4%
Spread / Average Target 8,37%
Spread / Lowest Target -24,9%
EPS Revisions
Managers
NameTitle
Pablo Isla Álvarez de Tejera Chairman & Chief Executive Officer
Carlos Crespo González Chief Operating Officer
José Ignacio Fernández Chief Financial Officer
Gabriel Moneo Marina Chief Information Technology Officer
Amancio Ortega Gaona Non-Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
INDITEX - INDUSTRIA DE DISEÑO TEXTIL19.15%91 733
KERING12.33%63 739
FAST RETAILING CO LTD20.63%61 185
ROSS STORES30.66%39 118
HENNES & MAURITZ47.52%31 811
ZALANDO81.68%11 221