Zara Owner Inditex Sees Profit Rise in First Half of Fiscal Year

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Zara Owner Inditex Sees Profit Rise in First Half of Fiscal Year
Photo: Dmitri Lovetsky AP/TT

Net sales increased by 1.6 percent in annual terms to 18.4 billion euro during the half-year. The operating result increased by 0.9 percent to 3.6 billion euro, in line with the average forecast among analysts according to Bloomberg.

The reported half-year was completed in July. For the period August 1 - September 8, Inditex simultaneously reports a sales increase of 9 percent with fixed exchange rates.

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

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