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 paying subscribers only. Already a paying subscriber? Please log in to see the entire report.If you wish to learn more about our subscription plans and become a paying subscriber, click here. This document was generated for Other research you may be interested in: Amazon Shines Ahead of Prime Day: US Consumer Tracker 2023, Week 29Indications of a Summer Wind-Down Emerge: US Consumer Tracker 2023, Week 34Weinswig’s Weekly: The Checkout Process Continues To Evolve and Reduce FrictionEarnings Insights 4Q22, Week 3: CVS and L’Oréal Report Strong Sales Momentum; Capri, Coty and VF Corp See Declines
