The Spanish clothing provider Industria de DiSeño Textil SA (Inditex) achieved only minor growth in sales and results in the first quarter of the 2025/26 financial year.
The parent company of brands such as Zara, Massimo Dutti, Stradivarius, Pull & Bear and Bershka described the results published on Wednesday as “solid”, but the numbers were left behind the expectations of the analyst: inside.
The quarterly turnover increases by 1.5 percent
In the months of February to April, the group turnover reached an amount of 8.27 billion euros. This corresponded to an increase of 1.5 percent compared to the previous year. Adjusted to change course changes, the proceeds increased by 4.2 percent. Without the leap year effect in the previous year, the currency-adjusted growth rate was 5.3 percent.
Due to higher operating costs, the result before interest, taxes and depreciation (EBITDA) only increased by 1.0 percent to EUR 2.39 billion. The net profit due to the shareholder was 1.30 billion euros in the first quarter and thus exceeded the corresponding level of previous year by 0.9 percent. The profit per share increased from 0.416 to 0.419 euros.
Management confirms its investment plans
The group pointed out that the current spring/summer collections would continue to be “very well received” by the customers: inside. In the period from May 1 to June 9, the proceeds rose by six percent compared to the corresponding period of the previous year.
Management also confirmed the current investment plan. According to this, the group wants to continue to spend around 900 million euros on expanding its logistics capacities in the current year.