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Inditex Group To Expand International Market Net Profit Increased By 10%

2011/8/8 15:56:00 60

Inditex Widening Market Profit

Have Zara Brand, the largest apparel retailer in the world - Spain Inditex In June 15th, the group posted a net profit of 332 million euros in the first quarter, an increase of 10.3% compared with last year, which is also benefiting from the international market. expand This data is beyond the market. Expect The eight analysts interviewed by Dow Jones newswires had expected net profit of 313 million 800 thousand euros.


 
 

The first quarter turnover (from February to April) reached 2 billion 960 million euros, an increase of 11% compared with the same period in 2010, which is in line with market expectations.


   Depreciation of interest tax Profits before amortization increased by 7% to 601 million euros, higher than market expectations (589 million 100 thousand euros).


Inditex said in its statement that its leading brand Zara will enter South Africa, Taiwan and Peru in the next few months, and will launch online sales in the United States starting in September 7th.


Inditex group has 100 thousand employees in 2010, and now there are 5154 franchised stores in 78 countries, including Zara, PullandBear, Bershka and MassimoDutti. A total of 110 new stores opened in the first quarter of this year.


 



 

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