Company Earnings UpdateINDITEX (BME: ITX) FY17 Results: Strong Sales Growth Offset by Margin Erosion Coresight Research March 15, 2018 Executive Summary Inditex reported FY17 revenues of €25,336 million, up 8.7% year over year and slightly below the consensus estimate of €25,406 million. In FY17, the company grew operating income by 7%, but its operating margin contracted by 20 basis points. Adjusted EPS was €1.08, up 6.7% year over year and in line with the consensus estimate. In FY18, Inditex expects to grow its store space by 6%, net of closures. The company expects to incur capital expenditures of €1.5 billion, driven mainly by the opening of new stores. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Three Data Points We’re Watching This Week, Week 2: Global Retail Predictions for 2025Trends and Predictions for 2025 with Updates from CES and NRF: Premium Subscriber Call, January 2025Financial Pessimism Deepens Amid Post-Shutdown Adjustment: US Consumer Survey InsightsAnalyst Corner: Chinese Consumers Still Embrace International Brands—If Those Brands Deliver: Three Key Findings from a New Study, with John Harmon
