The well -known Spanish Textile Group Inditex recently announced its financial report. In the first half of this year, the Group’s total sales reached 14.845 billion euros, an increase of 24.5%year -on -year, breaking the company’s historical records. The net profit in the first half of the year was 1.794 billion euros, a year -on -year increase of 41%, which also broke the company’s historical records. The Spanish textile giant handed over a “perfect answer” to the market.
In an interview, Marcos López, the director of Internet market, said that the sales and net profit in the first half of this year set a record, mainly due to two aspects. First, the company’s brand ZARA, Pull & Bear, Stradivarius and Bershka’s sales performance was very eye -catching. The gross profit margin of the group in the first half of the year was 8.594 billion euros, an increase of 24.5%year -on -year, the highest level in the past 7 years; second, the operating costs were in the past 7 years. Strict control has also played an important role. In the current severe inflation environment, the operating costs of Inditex increased by only 20%year -on -year in the first half of this year, far lower than revenue growth.
Post time: Sep-15-2022