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Inditex ( (ES:ITX) ) has shared an update.
Inditex reported strong financial performance for the fiscal year 2024, with sales growing by 7.5% to 38,632 million euros and net profit increasing by 9.0% to 5,866 million euros. The company plans to propose a 9% dividend increase for fiscal year 2025 and is committed to profitable growth with significant investments in commercial space optimization and logistics expansion.
More about Inditex
Inditex is a leading company in the fashion retail industry, known for its integrated store and online business model. The company offers a diverse range of fashion products and has a strong market presence with a focus on innovation and efficiency.
YTD Price Performance: 0.44%
Average Trading Volume: 504,943
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €151.4B
For a thorough assessment of ITX stock, go to TipRanks’ Stock Analysis page.
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