Spain’s Inditex outlook strong as Zara marks 50; delivers solid Q1
Inditex has posted solid Q1 FY25 results as Zara marks 50 years, with sales up 1.5 per cent to €8.3 billion (~$9.5 billion) and net income rising 0.8 per cent to €1.3 billion (~$1.5 billion). It expects 5 per cent annual space growth and stable margins. It plans €1.8 billion (~$2.07 billion) capex and €900 million (~$1.03 billion) per year for logistics, with innovation, including Zara’s new Travel Mode.
Inditex has posted solid Q1 FY25 results as Zara marks 50 years, with sales up 1.5 per cent to €8.3 billion (~$9.5 billion) and net income rising 0.8 per cent to €1.3 billion (~$1.5 billion).
It expects 5 per cent annual space growth and stable margins.
It plans €1.8 billion (~$2.07 billion) capex and €900 million (~$1.03 billion) per year for logistics, with innovation, including Zara’s new Travel Mode.
