📊 Key Financial Metrics
• 🟢 Revenue: €39.9B (+3.2% YoY | +7% constant FX)
• 🟢 EBITDA: €11.27B (+5%)
• 🟢 EBIT: €7.99B (+5.9%)
• 🟢 Net Profit: €6.22B (+6%)
• 🟢 Gross Margin: €23.22B (58.3%)
• 🟢 Dividend: €1.75/share (incl. €0.55 extraordinary)
🧱 Operational Performance
• 🟢 Sales growth remains strong despite FX headwinds.
• 🟢 Operating expenses grew +2.8%, below revenue growth.
• 🟢 Strong operating leverage driving profit expansion.
💰 Financial Strength
• 🟢 Net Cash: €10.96B
• 🟢 Cash generation remains very strong.
• 🟢 One of the strongest balance sheets in global retail.
🚀 Strategic Execution
• 🟢 Fully integrated store + online model continues to outperform.
• 🟢 Continued optimization of the store network.
• 🟢 Significant investment in technology and logistics.
🔮 2026 Outlook
• 🟢 Sales growth +9% (Feb 1 – Mar 8 at constant FX).
• 🟢 Retail space expected to grow ~5% in 2026.
• 🟢 €2.3B investment plan focused on store optimization and digital platforms.
Summary
Inditex continues to deliver a very strong operational performance, with record levels of sales, EBITDA and net profit. The company combines disciplined cost control, strong cash generation and a highly scalable omnichannel model. With €10.9B in net cash and continued investment in store optimization and digital platforms, Inditex remains one of the most profitable and resilient global retailers.