INDITEX : Las ventas de Inditex crecen un 36% y alcanzan los 27.716 millones de euros
March 16, 2022 at 02:38 am EDT
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Revenue from online sales reached €7.5 billion, accounting for 25.5%of total sales, reinforcing the company as a global leader in ecommerce.
Inditex's executive chairman Pablo Isla said "after two years of the pandemic, this set of results demonstrates the incredible ability to adapt to any circumstances which characterises the people who work here, borne from their commitment and talent".
The group's CEO, Óscar García Maceiras, singled out "the leadership demonstrated by the company in regard to its digital transformation all these years places us in an unrivalled position to offer an exceptional level of engagement with our quality and sustainable fashions".
Revenue topped that of 2019 by 3% in local currencies (-2% on a net revenue basis).
Net profit amounted to €3.24 billion, marking year-on-year growth of 193%.
Inditex's net cash stood at a record €9.3 billion at year-end, having increased by 24% during the year.
The company outperformed its sustainability targets for 2021, specifically for the use of renewable energy - accounting for 91% of total consumption - and more sustainable raw materials, with Join Life products accounting for 47% of the total, 7 percentage points ahead of target.
Inditex opened 226 stores in 40 markets during the year.
In 2021 Inditex brands had 146 million active apps and 228 million social media followers, while 6.2 billion people visited its online platforms.
The Board of Directors will ask the company's shareholders to approve a dividend of €0.93 per share, growth of 33% from 2020, made up of an ordinary dividend of €0.63 per share and an extraordinary dividend of €0.30 per share. The Board has also agreed on an extraordinary dividend of €0.40 per share for 2022, payable in 2023.
Store and online sales between 1 February and 13 March 2022 were up 33% compared with the same period of 2021 and up 21% from the record pre-Covid levels of 2019. In this period, sales in the Russian Federation and Ukraine represented approximately 5 percentage points of sales growth.
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INDITEX - Industria de Diseño Textil SA published this content on 16 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 March 2022 06:37:15 UTC.
Industria de Diseño Textil, S.A. (Inditex) specializes in the design, manufacturing and distribution of clothing and accessories for men, women, and children. The group's activity revolves primarily around five product families:
- clothing;
- lingerie;
- shoes;
- accessories;
- household articles: decorative articles, bathroom items, household linen, etc.
Net sales break down by source of revenues as follows: sales from company-owned stores (90.6%), sales to franchises (8.2%) and other (1.2%).
At the end of January 2023, the products were marketed through a network of 5,815 outlets broken down by name into Zara and Zara Kids (2,312), Bershka (860), and other (2,643).
Net sales are distributed geographically as follows: Spain (21.1%), Europe (45.4%), Americas (12.9%) and other (20.6%).
INDITEX 
