On each lap of Formula 1 practice, the drivers stop the clock three times. At the end of the first sector, at the end of the second and when they reach the finish line. If the figures remain green on the monitors, it means that the record from that area. If they are dyed purple, it means that you have achieved the best time on that part of the circuit. It is what in Formula 1 slang is called “paint purple & rdquor; a sector”.
Inditex had painted the first three quarters of its fiscal year purple (between February 1 and October 31). He had managed to beat his record sales and revenue from February to April. She had repeated it between May and July and had succeeded again between August and October.
That is why it is not surprising that the Galician multinational has reached in 2022 its historical record of benefits and billing in a full year. And in its most turbulent year: change of direction in the company; closure of the 514 stores in Russia; inflation; decrease in consumption or increase in the cost of raw materials. Inditex He is immune to any bump in the course and, despite the pandemic, he has such a high top speed that it is difficult to take pole position from him. Her rivals can only see the back of her car, as she looks at them in the rearview mirror.
The first complete exercise with the war in Ukraine and with Marta Ortega in the presidency and Óscar García Maceiras in the direction has resulted in historical figures for the Galician company: 4,130 million income and 32,569 billing. She had never gotten these numbers before. And most notably, in an economic context that harms consumption. The question that analysts ask themselves is what their figures would be with the 514 Russian stores open, since it was their second market after Spain, which accounted for close to 8.5% of the net operating result. But as Joaquín Sabina sings, “there is no worse nostalgia than remembering what never happened.”
What has happened is that so many Profits as the billing of the group grew in double digits last year: 17.5% the first and 27% the second. Thanks to these figures, Inditex It has slipped into the select group of six companies listed on the Spanish Stock Exchange that have exceeded 4,000 million profits. Internet sales deserve special mention, reaching almost 25% (23.9%) of the total with 7,806 million.
“The excellent 2022 results they show the strength of our business model and its ability to move towards the next level of development, in which our fashion proposal, the experience of our clients, the commitment to sustainability and the talent of our teams will continue to be key&rdquor ;, assured yesterday the CEO of the group, Óscar García Maceiras.
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As every year, the company advanced the results of the first 43 days of your fiscal year that begins on February 1. Until March 13, sales have grown 13%.
The board of directors will propose to the general meeting of shareholders a 29% increase in the dividend for the year 2022 up to 1.20 euros per share, made up of an ordinary dividend of 0.796 euros and an extraordinary dividend of 0.404 euros. Thanks to this increase, Amancio Ortega, the founder and first shareholder of Inditexa total of 2,217 million will enter this year as dividends from the company, above the 1,700 received last year and the 1,294 the previous year.