Better than expected for H&M competitor Inditex as fourth quarter operating profit was EUR 2.05 billion

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Better than expected for H&M competitor Inditex as fourth quarter operating profit was EUR 2.05 billion
Photo: Ludvig Heiberg Larsen NTB/TT

The company's operating profit for the fourth quarter, which ended in January, was EUR 2.05 billion. This compares with analysts' average forecast of EUR 2.02 billion, according to Bloomberg.

Net sales during the quarter were EUR 11.7 billion, which was in line with expectations.

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By TT News AgencyEnglish edition by Sweden Herald, adapted for our readers

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