Company Earnings UpdateInditex (BME: ITX) 1H18 Results: Strong Organic Growth, Flattish Margins Coresight Research September 13, 2018 Executive Summary Inditex reported 1H18 revenues of €12.03 billion, up 3.0% year over year and below the consensus estimate of €12.06 billion. Sales grew by 8.0% at constant currency. The operating margin contracted marginally, by 10 basis points, due to an increase in SG&A expenses. By concept, sales under the Pull&Bear and Oysho brands grew the strongest, by 11.2% and 7.0%, respectively. Inditex expects its 2H18 same store sales growth to be in the range 4%–6%. 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: US Back to School 2025, Part 2: Where Consumers Will Shop—Opportunities with Higher-Income Shoppers, in Retail Media and on TikTokEconomic Optimism at Five-Month Low; Holiday Shopping Slows: US Consumer Survey InsightsHigher- and Lower-Income Consumers Drive Financial Optimism to Four-Month High: US Consumer Survey InsightsChinese New Year 2025: New Trends—Domestic Travel and Subsidy-Boosted Spending
