Industria de Diseño Textil, S.A. (IDEXF) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning and buenos dias a todos. We're happy to welcome you here today for Inditex's nine-month 2025 results presentation. I'm James O'Shaughnessy, Investor Relations. The presentation today will be chaired by our CEO, Oscar Garcia-Maceiras. As well as Oscar, we also have Andres Sanchez, our CFO, and Gorka Garcia-Tapia, Director of Investor Relations. Following this presentation, we will open the floor to a question and answer session, starting with the questions received on the phone, and we'll then proceed to the webcast platform. Let's take the disclaimer as read. Oscar. Good morning and welcome to our sales presentation. Thank you for joining us today. In the nine months of 2025, we have generated a strong performance with sales growth in a complex market environment while maintaining very satisfactory levels of profitability. This is all down to the consistent and strong execution of the group. Our high levels of diversification have underlined the resilience of our business model. This performance, as always, comes from the four key sources of strength that we have. our unique fashion proposition, our increasingly optimized customer experience, our focus on sustainability, and the quality and commitment of our people. Our differentiation in the market is as a result of these factors. As you have already seen, our autumn-winter collections have been well received by customers. Andrés will provide some color on the third quarter results shortly. In the nine months of 2025, sales in custom currency increased by 6.2%. This satisfactory growth rate extended to both stores and online. Sales were positive across each of the concepts and in custom currency across all geographies. In the nine months of 2025, sales grew by 2.7% to reach 28.2 billion euros. It's clea...