As Inditex celebrates 50 years because the opening of the primary Zara retailer in A Coruña, the Group stays targeted on long-term progress by its core priorities: strengthening its trend proposition, enhancing the client expertise, committing to sustainability, and supporting the expertise and dedication of its individuals. These pillars, mixed with a versatile enterprise mannequin and proximity sourcing, permit the corporate to react swiftly to developments and preserve its distinctive market place.
Inditex has posted strong Q1 FY25 outcomes as Zara marks 50 years, with gross sales up 1.5 per cent to €8.3 billion (~$9.5 billion) and web earnings rising 0.8 per cent to €1.3 billion (~$1.5 billion).
It expects 5 per cent annual house progress and secure margins.
It plans €1.8 billion (~$2.07 billion) capex and €900 million (~$1.03 billion) per 12 months for logistics, with innovation, together with Zara’s new Journey Mode.
Inditex operates in 214 markets, the place it holds a comparatively low market share in a extremely fragmented sector. The corporate expects robust progress alternatives forward, supported by continued funding in its retailer community, advances in on-line gross sales, and enhancements in logistics platforms, all underpinned by innovation and know-how, Inditex mentioned in a media launch.
Between 2025 and 2026, Inditex forecasts roughly 5 per cent annual gross house progress, pushed by retailer optimisation and strong on-line gross sales, which collectively are anticipated to yield a optimistic web house contribution.
At present alternate charges, Inditex anticipates a adverse forex influence of three per cent on fiscal 2025 (FY25) gross sales. The corporate additionally expects gross margin to stay secure inside a spread of plus or minus 50 foundation factors.
Atypical capital expenditure (capex) is projected at round €1.8 billion (~$2.07 billion) for FY25. In parallel, a logistics enlargement programme is underway, allocating €900 million (~$1.03 billion) yearly in 2024 and 2025 to extend capability. This funding goals to assist medium- and long-term progress, with the Zaragoza II distribution centre scheduled to start operations this summer season.
Inditex delivered a strong operational efficiency within the first quarter (Q1) of FY25, as its gross sales grew 1.5 per cent year-on-year to succeed in €8.3 billion (~$9.5 billion). In fixed forex, gross sales grew 4.2 per cent, or 5.3 per cent after adjusting for the calendar influence of the intercalary year.
Gross revenue additionally rose by 1.5 per cent, reaching €5 billion (~$5.75 billion), with a gross margin of 60.6 per cent, down simply 4 foundation factors in comparison with the identical interval final 12 months. Working bills had been tightly managed, growing by 2.3 per cent. EBITDA grew by 1 per cent to €2.4 billion (~$2.76 billion), whereas EBIT elevated marginally by 0.3 per cent to €1.6 billion (~$1.84 billion). Revenue earlier than tax remained flat at €1.7 billion (~$1.96 billion), sustaining a PBT margin of 20.2 per cent. Internet earnings rose 0.8 per cent to €1.3 billion (~$1.5 billion).
The Group ended the quarter with a web money place of €10.8 billion (~$12.4 billion). Stock ranges as of April 30, 2025, had been six per cent increased than the earlier 12 months, with collections described as being of top quality, the discharge added.
Retailer and on-line gross sales between Could 1 and June 9, 2025 elevated by six per cent in fixed forex in comparison with the identical interval in 2024, confirming the robust momentum of the Spring/Summer time collections. Within the Q1, Inditex opened new shops in 26 markets, bringing the full variety of shops to five,562.
The Inditex board of administrators has proposed a dividend of €1.68 per share for FY24, to be paid in two equal instalments of €0.84. The primary was paid on Could 2, 2025, with the second scheduled for November 3, 2025.
Moreover, José Arnau will step down from Inditex’s board of administrators upon the expiration of his tenure on July 15, 2025. The board will suggest the appointment of Roberto Cibeira, CEO of Pontegadea, as a proprietary director.
The compnay added that Zara has totally applied new in-store safety know-how that improves the client expertise and facilitates product interplay. The system is being rolled out throughout different ideas equivalent to Bershka and Pull&Bear. Zara has launched ‘Travel Mode’ for patrons within the UK, Italy, and Japan—quickly increasing to Spain, France, and Turkiye—enabling on-line orders to be delivered to clients whereas travelling and providing curated journey content material for choose cities.
In April 2025, Inditex partnered with the Asian College for Girls to offer 50 five-year scholarships to ladies textile manufacturing facility staff in Bangladesh. The inclusive for&from programme, aimed toward integrating individuals with disabilities, continues to increase.
