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Zara owner Inditex's profit jumps, sales rise by 17.5 percent

In 2022, Inditex sales reached 32.6 billion euros, up 17.5 percent versus 2021, while sales in constant currencies grew 18 percent. Gross profit for the year increased 17 percent to 18.6 billion euros and gross margin reached 57 percent. EBITDA increased 20 percent to 8.6 billion euros and EBIT 29 percent to 5.5 billion euros. PBT increased 28...

15 Mar 2023