INDITEX : Interim Half Year 2025 Results

About this update from Industria De Diseno Textil, S.a.

/ In 1H2025, Inditex maintained a solid operational performance led by the creativity of our teams and the strong execution of the fully integrated business model / Óscar García Maceiras, CEO, "We have again achieved a solid performance in this first half of 2025, with satisfactory sales in a complex market environment and keeping strong levels of profitability. The efficient execution accomplished by our teams demonstrates the strength of Inditex's business model." / The Spring/Summer collections have been well received by our customers. Sales grew 1.6%, to reach €18.4 billion, showing satisfactory development both in stores and online. Sales in constant currency grew 5.1% / Gross profit increased 1.5% to €10.7 billion. The gross margin reached 58.3% (-5 bps versus 1H2024) / All expense lines have shown a favourable evolution. Operating expenses increased 2.2% / EBITDA increased 1.5% to €5.1 billion / EBIT increased 0.9% to €3.6 billion and PBT 0.1% to €3.6 billion / Net income increased 0.8% to €2.8 billion / Funds from operations came to €3.7 billion in 1H2025, 5% higher / The FY2024 final dividend of €0.84 per share will be paid on 3 November 2025 / Autumn/Winter collections have been very well received by our customers. Store and online salesin constant currency between 1 August and 7 September 2025 increased 9% versus the same period in 2024 Interim Half Year 2025: Solid operating performance In 1H2025, Inditex maintained a solid operational performance led by the creativity of our teams and the strong execution of the fully integrated business model. The Spring/Summer collections have been well received by customers. Sales grew 1.6% to reach €18.4 billion, showing satisfactory development both in stores and online. Sales in constant currency grew 5.1%. In 1H2025, openings have been carried out in 35 markets. At the end of the period Inditex operated 5,528 stores. A list of total stores by concept is included in Annex I. Net sales by concept in 1H2025 and 1H2024 are shown in the table below. Zara (Zara, Zara Home and Lefties) 13,150 13,033 Pull&Bear 1,158 1,124 Massimo Dutti 895 904 Bershka 1,438 1,382 Stradivarius 1,327 1,255 Oysho 389 368 Total 18,357 18,065 Inditex continues to roll out its global sales platform. Store and online sales by geographical area are shown in the table below. Europe ex Spain 50.7% 49.9% America 17.8% 18.8% Asia &amp...

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