Slide 1: Interim Three Months 2024 Results
INDITEX Interim Three Months 2024 Results 1 February 2024 to 30 April 2024 In 1Q2024, Inditex continued with a very robust operating performance due to the creativity of the teams and the strong execution of the fully integrated business model The Spring/Summer collections have been very well receiv
Slide 2: First quarter 2024: Very strong operating performance
First quarter 2024: Very strong operating performance Inditex remains focused on four key areas: A unique fashion proposition, enhancing the customer experience, sustainability, and the talent and commitment of our people. In 1Q2024, Inditex continued with a very robust operating performance due to
Slide 3: Net cash, working capital, second quarter trading and outlook
Million Euros 30 April 2024 30 April 2023 Cash and cash equivalents 7,668 6,572 Short term investments 3.978 3,950 Current financial debt (22) (14) Non current financial debt 0) 0 Net financial cash (debt) 11,623 10,508 Due to the robust operating performance over 1Q2024 inventory was 3% lower as of
Slide 4: Planned investments, capex and logistics expansion plan
In the current year, we are planning investments that will scale our capabilities, obtain efficiencies and increase our competitive differentiation to the next level. We estimate ordinary capital expenditure of around €1.8 billion. In view of the strong future growth opportunities, Inditex is implem
Slide 5: Board proposals for renewal and appointments
The Board will propose the renewal of Bns. Denise Kingsmill and the appointment of Ms Belén Romana Garcia as independent board members. Furthermore, the Board will propose the appointment of Ms Flora Pérez Marcote as proprietary director. Ms Pérez Marcote has been acting in Inditex Board as legal re
Slide 6: Consolidated financial statements
Consolidated financial statements Inditex Group 1Q2024 profit & loss statement (€m) 1Q2024 (*) 102023 (*) Net sales 8,150 7,611 Cost of sales (3,210) (3,008) Gross profit 4,940 4,603 Gross margin 60.6% 60.5% Operating expenses (2,553) (2,398) Other net operating income (losses) (17) (10) Operating c
Slide 7: Consolidated Balance Sheet as of 30 April 2024
Inditex Group Consolidated Balance Sheet as of 30 April 2024 (€m) 30 April 2024 30 April 2023 (*) (*) Assets Non Current Assets 16,891 15,894 Right of use 4774 4,941 Intangible assets 1,483 1,290 Tangible assets 8715 7119 Financial investments 413 371 Other 1,506 1,574 Current Assets 17,079 15,564 I
Slide 8: Annex I and II: Number of stores by concept; financial results
Annex | Number of stores by concept: 30 April Concept 2024 Zara 1,806 Zara Home 409 Pull&Bear 802 Massimo Dutti 548 Bershka BOE Stradivarius 848 Oysho 429 Total 5,698 Annex II Breakdown of Financial results: Million Euros Net financial income (losses) Lease financial expenses Foreign exchange gains
Slide 9: Disclaimer
Disclaimer Neither this document nor the information contained herein constitute an offer to sell, exchange or buy, or the solicitation of an offer to buy, to sell or exchange, or any recommendation or advice regarding any securities issued by the Inditex Group. This document may contain statements