Slide 1: FY2022 Results
INDITEX FY202? Results 1 February 2022 to 31 January 2023 In 2022, Inditex’s fully integrated model maintained a very strong operating performance Oscar Garcia Maceiras, CEO, “The excellent results of 2022 show the strength of our business model and its ability to move towards the next level of deve
Slide 2: Federation and Ukraine over 2022 store and online sales
Federation and Ukraine over 2022 (1 February to 18 March) store and online sales in constant currency increased 17.5% FY2022 Results INDITEX
Slide 3: FY2022: Very strong execution
FY2022: Very strong execution In 2022, Inditex’s fully integrated model had a very strong operating performance. Sales, EBITDA and net income reached historic highs. Inditex continues to focus on four key areas: A unique product proposition, enhancing the customer experience, sustainability, and the
Slide 4: Online sales; sales by concept and geography
Online sales Online sales also grew satisfactorily at 4% over the record figure of 2021 to reach €7.8 billion. Customer engagement remains very high. Sales by concept Net sales by concept in 2022 are shown in the table below: Concept Zara (Zera and Zara Home) Pull&Bear Massimo Dutti* Bershka Stradiv
Slide 5: PBT, net income, cash flow and net cash
A breakdown of financial results can be found in Annex VI. Results from companies consolidated by the equity method came to €53 million. PBT increased 28% to €5.4 billion. The breakdown of profit before tax by concept is shown below: PBT by concept (€m) Concept 2022 2021 Zara (Zara and Zara Home) 4,
Slide 6: Inventory, capex and strategic update: to the next level
led to strong sales growth. Due to robust sales over 2022 and a progressive normalisation in supply chain conditions by the end of the year, inventory returned to regular levels and was just 5% higher as of 31 January 2023. 31 January 31January Million Euros 2023 2022 Inventories 3,191 3,042 Receiva
Slide 7: Strategic update: customer experience and store plans
and in Lelystad (Zara), Tordera (Bershka) and Sallent (Stradivarius) with a special focus on the optimisation and automation of our operations. / Customer experience We will continue to offer the best shopping experience to our customers, both in our stores and on our online platforms. Regarding our
Slide 8: People
/ People We will continue to promote the talent and commitment of our teams in order to reinforce our attractiveness as a benchmark employer. In 2023, our Changemakers project will already be present in all markets and with the ambition of having at least one sustainability ambassador in each store.
Slide 9: Dividends, start of season and corporate calendar
Dividends Payment date Record date Ex-date 02 May 2023 28 April 2023 27 April 2023 02 November 2023 01November 2023 31 October 2023 Start of the Spring/Summer season Spring/Summer 2023 collections have been very well received by our customers. Store and online sales in constant currency between 1 Fe
Slide 10: Consolidated financial statements
Consolidated financial statements Inditex Group FY2022 profit & loss statement (€m) FY2022 FY2021 Net sales 32,569 27,716 Cost of sales (14,011) (11,902) Gross profit 18,559 15,814 Gross margin 57.0% 57.1% Operating expenses (9,867) (8,596) Other net operating income (losses) (43) (35) Operating cas
Slide 11: Consolidated Balance Sheet
Grupo Inditex Consolidated Balance Sheet as of 31 January 2023 (€m) 31January 31 January 2023 2022 Assets Non Current Assets 15,344 15,343 Right of use 4,910 5,224 Intangible assets 1,003 790 Tangible assets 7,615 7,503 Financial investments 334 307 Other 1,481 1,519 Current Assets 14,639 13,602 Inv
Slide 12: Consolidated Statement of Cash Flows
Grupo Inditex Consolidated Statement of Cash Flows as of 31 January 2023 (€m) 2022 2021 Income before taxes 5,358 4,199 Adjustments to income- Depreciation and amortization 2,899 2,901 Lease financial expenses 116 92 Other 146 74 Corporate income tax- (1,176) (734) Funds from operations 7,343 6,530
Slide 13: Annex I: Income statement: FY2022 quarterly results
Annex | Income statement: FY2022 quarterly results 1Q 2Q 3Q 4Q Net sales 6742 8,103 8,211 9,514 Cost of sales (2,688) (3,563) (3,272) (4,488) Gross profit 4,054 4,539 4,939 5,026 60.1% 58.0% 60.2% 52.8% 20 p.b. -39 p.b -77 p.b. 33 p.b Operating expenses (2,126) (2,424) (2,440) (2,877) Other net oper
Slide 14: Return on Capital Employed
Return on Capital Employed, defined as PBT on average capital employed (shareholder's equity plus net financial debt): Millon Euros 2022 2021 Income before taxes §,358 4,199 Average capital employed Average shareholders’ equity 16,371 15,126 Average net financial debt (*) 0 ) Total average capital e
Slide 15: Sales in company-managed and franchised stores; number of stores
Sales in company-managed and franchised stores: Company . Concept Franchised Managed Zara (Zara and Zara Home) 87% 138% Pull&Bear 79% 21% Massimo Dutti 79% 21% Bershka 81% 19% Stradivarius 76% 24% Oysho 81% 19% Total 85% 15% Annex IV Number of stores by concept: 31January 31 Januar Concept WY y 2023
Slide 16: Annex V: Stores by concept and market
Annex V Stores by concept and market as at 31 January 2023: Market Zora PuilaBeer MPS Borshka Stradivarius Oysho 2" INITEX ALBANIA 1 1 4 2 2 1 8 GERMANY co 8 ¢ 7 7 16 ANDORRA 2 1 1 1 1 1 1 8 ‘SAUDI ARABIA 50 23 10 22 2 ® 7 a AI GFRIA 3 3 4 4 4 > 3 0 ‘ARGENTINA 4 1 ‘ARMENIA 2 3 2 3 2 1 1 4 ARUBA 1 1
Slide 17: Breakdown of financial results
Breakdown of financial results: Million Euros Net financial income (losses) Lease financial expenses Foreign exchange gains (losses) Total Annex V!| 2022 56 (116) (155) (214) 2021 (17) (92) (33) (142) The Gross Margin, EBITDA, EBIT, PBT, ROE, ROCE, working capital, average net financial debt, net fi
Slide 18: Disclaimer
Disclaimer This document and the information contained herein does not constitute an offer to sell, exchange or buy, or the solicitation of an offer to buy, or any recommendation or advice regarding, any securities issued by the Inditex Group. This document may contain statements regarding intention