Insight Report 3 minutes PremiumINDITEX (BME: ITX) FY15 Results: International Expansion and Growing Comps Underpin Results Coresight Research March 9, 2016 Executive Summary Inditex reported FY15 normalized EPS of €0.92, an increase of 14.9% over FY14 and below the consensus estimate of €0.93. The company reported that revenue increased by 15.4%, to €20.9 billion, slightly above the consensus estimate. EBIT increased by 14.9%, to €3.7 billion, just below the consensus estimate, while net income also grew by 14.9%, to €2.9 billion, slightly below consensus. Inditex’s results were supported by store and online expansion and favorable comps. For FY16 the company plans to continue increasing revenue and profitability mainly by expanding its store network and e-commerce operations. This report is for subscribers only. Learn more about subscriptions here.If you are a subscriber, please log in. This document was generated for Other research you may be interested in: January 2023 Leading Indicators of US Retail Sales: Retail Set for Stable Growth as Consumer Sentiment ImprovesEarnings Insights 4Q22, Week 5: Floor & Decor, TJX and Walmart Post Solid Sales Momentum; Alibaba and Home Depot See Slowed GrowthJanuary and February 2023 China Retail Sales: Total Sales Pick Up as Most Sectors Report Positive GrowthReturns, Resale and Sourcing in Apparel—Infographic
