Inditex links five periods of growth and targets historical figures at year-end

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Without opponents from Miguel Indurain, Arantxa Sánchez Vicario, Rafa Nadal, Mireia Belmonte or Severiano Ballesteros, they fought on their own. It was the only way to motivate himself to keep growing and winning. The same thing happens to you Inditex. He no longer fights his rivals. His only enemy is himself. Striving to achieve better every three months results higher than the previous period and has been doing so since COVID ended. The A Coruña multinational today presented figures for its second financial quarter (from May 1 to July 31), so figures for the first half of the year are already known. It has been the best in its history and has already achieved five uninterrupted growths.

Company founded by Amancio Ortega In the first fiscal quarter, it achieved its best figures in this period in terms of both billings and profit. And he succeeded again by supporting this in the second time. sales And in collections summer ones that have worked very well.

The group once again exceeded analysts’ expectations. 9 billion 240 million invoices were issued in the second quarter. 21.4% more. It exceeded 9,000 in a three-month period for the second time in its history. The other was in the last quarter of last year, when it sold over 9,500 garments.

With these numbers, Inditex We closed the first term with some Record revenue of 16.851 millionMeanwhile he use reached 2.513 millionafter increasing the latter by 40.5%.

As in previous quarters, neither inflation, nor raw material prices, nor the war in Ukraine affected this. Inditex’s half year has been historic. I’ve never made this many sales or made this high a profit before. Even before the outbreak of Covid.

Just like he always does when giving a presentation results, provided a preview of the first five weeks of the next period, in this case its third fiscal quarter (August through October). In-store and online turnover increased by 14%.

The multinational company made 17 billion 724 million in revenue and 2 billion 336 million in profit in the second half of 2022 (the best sales time because it includes the Christmas campaign). If it repeats these figures in the second half of this financial year (apparently it exceeds these figures in the first six months, which is normal) and adds what was achieved in the first half, it will manage to exceed 34 billion turnover in 2018. the end of the year is something I have never achieved before. This number would be almost 2,000 more than in 2022. In terms of profit, it would exceed 4,800, a previously unattainable figure: 700 more than last year. If everything goes as planned, it will reach 5 billion profits for the first time.

results This semester they show: talent Percentage of our teams reinforce improvements in the performance of the business model. permanent commitment creativityquality product and experience customerand also the agreed advance Sustainability“We are creating a strategy that will take our business model to a higher level,” he said. Óscar García Maceiras, CEO of Inditex.

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