Inditex Posts Record €2.98B Profit as First-Half Sales Exceed €19.75B
Inditex delivered another record first-half performance, with sales topping €19.75 billion, up 7.6% year on year, and strong growth in-store and online. The company reported higher gross margin and EBITDA, with EBIT rising to €3.84 billion. Free cash flow nearly doubled to about €2.3 billion and the net financial position reached almost €10.4 billion at end-July.