Inditex earns 27% more and makes record profit of 4,130 million

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This results inditex in your exercise 2022 to reflect 4.130 million Euro net profitRepresenting a 27% increase compared to 2021 and a record . Company headed by Marta Ortega of A Coruña close last year with sales For a global amount of 32,569 million euros, representing a growth of 17.5%.

These are some of the main figures in a series. 2022 balance sheet Those in charge of the multinational company located in Sabón (Arteixo), “integrated inditex continued its strong operating performance.”

HE Oscar García Maceiras, CEO of Inditexemphasizes that ” Excellent results of 2022 They demonstrate the strength of our business model and ability to move towards the next level of development where our fashion offering, our customers’ experience, our commitment to sustainability and the talent of our teams will continue to be key. ”

This Inditex sales in 2022 reached 32,569 million euros (+17.5%) over 2021, +18% at constant exchange rates). Sales increased in all geographic areas, both in physical and online stores and in all concepts.

Traffic and store sales increased significantly throughout 2022 and this trend continues. “The differentiation of Inditex stores played a key role in this dynamic. Online sales also grew satisfactorily above the record figure in 2021, reaching €7,806 million,” the company said in a statement.

This implementation of the business model in 2022 It’s very prominent. Gross margin was €18,559 million, up 17% from 2021, representing 57% of sales. Control of operating expenses was tight. Operating expenses increased by 15% compared to 2021, remaining below sales growth.

Operation result (EBITDA) increased 20% to 8,649 million euros and ebit 29% up to 5,520 million euros. HE Pre-tax profit It increased by 28% to 5,358 million Euros.

HE net income It increased by 27% to 4,130 million Euros. “Due to good implementation of the business model, funds raised (adjusted for lease payments) increased by 18%. Net cash increased by 8% to EUR 10,070 million” reports inditex.

Inditex said, “Thanks to good implementation of the business model, funds raised (adjusted for lease payments) increased by 18%. Net cash increased by 8% to 10,070 million euros.

strategic update

Inditex continues to focus its attention on four key areas: A unique fashion proposition, optimization of the customer experience, sustainability and talent, and “the commitment of our employees,” the company stresses in its statement launched this morning to communicate its own goals. results last year is the first for Marta Ortega to be president. Throughout 2022, Inditex has made very strong progress in its business model. to take him next level and further expand your differentiation, The group has announced that it will develop a wide range of initiatives in key areas over the next few years.

The Board of Directors will propose to the General Assembly a 29% increase in dividend up to € 1.20 per share for 2022.It consists of an ordinary dividend of 0.796 Euro and an extraordinary dividend of 0.404 Euro per share. The dividend consists of two equal payments: €0.60 per share, corresponding to the ordinary dividend, on 2 May 2023. Payment of €0.60 per share (€0.196 regular + €0.404 extraordinary) on 2 November 2023.

Spring/Summer collections were highly appreciated by our customers. In-store and online sales From February 1 to March 13, 2023 at constant exchange rates, it increased by 13.5% compared to the same period of 2022. For operations in the Russian Federation and Ukraine, the adjustment for sales in stores and online at constant exchange rates in the period 2022 (February 1 – March) increased by 17.5%.

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