Insight Report 3 minutes PremiumINDITEX (BME: ITX) 1H17 RESULTS: IMPRESSIVE COMPARABLE SALES AND EPS IN LINE Coresight Research September 22, 2016 Executive Summary Inditex reported 1H17 normalized earnings per share (EPS) of €0.40, an increase of 7.7% over 1H16 and in line with the consensus estimate of €0.40. The company reported revenue increased by 11.1% to €10.47 billion, above the consensus estimate of €10.43 billion. Comparable-store sales in 1H17 increased an impressive 11% year over year, at constant currency. Earnings before interest and tax (EBIT) increased 7.9% to €1.6 billion, slightly above the consensus estimate of €1.59 billion. The company’s 1H17 EBIT margin contracted by 50 basis points year over year to 15.3%. Inditex’s results were supported by store and online expansion and strong comps. In FY17, the company plans to expand its store network and e-commerce operations in order to continue increasing revenue and profitability. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: China Consumer Tracker: Renewed Spending Caution—Plus 2023 Travel PlansInnovator Profile: aiphrodite.ai Revolutionizes Ad Testing in Marketing with AI PersonasHead-to-Head in UK Apparel Retailing: Boohoo vs. Primark2Q23 US Earnings Season Wrap-Up: A Mixed Picture Due to Weak Demand and Higher Interest Rates