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India

Industria de Diseno Textil SA (ITX.MC)

ITX.MC on Madrid SE C.A.T.S.

27.27EUR
20 Sep 2019
Change (% chg)

€0.13 (+0.48%)
Prev Close
€27.14
Open
€27.29
Day's High
€27.45
Day's Low
€27.04
Volume
6,345,018
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2,662,875
52-wk High
€29.00
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€21.85

Latest Key Developments (Source: Significant Developments)

Inditex Says IFRS 16 To Result In Estimated Increase Of 2%-4% In 2019 Net Profit
Wednesday, 12 Jun 2019 

June 12 (Reuters) - Industria de Diseno Textil SA ::SAYS IFRS 16 WILL RESULT IN ESTIMATED INCREASE OF 2%-4% IN NET PROFIT FOR 2019 COMPARED TO IAS 17.  Full Article

Inditex Q1 gross margin evolution supported by full-price sales - Chairman
Wednesday, 12 Jun 2019 

June 12 (Reuters) - Industria de Diseno Textil SA Chairman Pablo Isla::Says gross margin evolution in Q1 was supported by full-price sales.Says customer feedback very positive on automated click-and-collect in stores.Says expects slightly positive effect on topline from foreign exchange effects over year.  Full Article

Inditex cash flow generation becoming stronger as business less capital intensive - Chairman
Wednesday, 12 Jun 2019 

June 12 (Reuters) - Industria de Diseno Textil SA Chairman Pablo Isla::Says cash flow generation becoming stronger as business becomes less capital intensive.  Full Article

Inditex Q1 Net Profit Up 10% At 734 Mln Euros YoY
Wednesday, 12 Jun 2019 

June 12 (Reuters) - Industria de Diseno Textil SA ::Q1 NET PROFIT 734 MILLION EUROS VERSUS 668 MILLION EUROS YEAR AGO.Q1 EBITDA 1.68 BILLION EUROS VERSUS 1.13 BILLION EUROS YEAR AGO.Q1 SALES 5.93 BILLION EUROS VERSUS 5.65 BILLION EUROS YEAR AGO.STORE & ONLINE SALES IN LOCAL CURRENCIES FROM 1 MAY TO 7 JUNE GREW 9.5%.STORE & ONLINE SALES IN LOCAL CURRENCY FROM 1 FEBRUARY TO 7 JUNE GREW 6.5%.LFL SALES ARE EXPECTED TO INCREASE 4%-6% IN FY 2019.GROSS PROFIT REACHED 3.5 BILLION EUROS, UP 6%.GROSS MARGIN REACHED 59.5% (+61 BPS).CARLOS CRESPO WILL BE APPOINTED CEO AT THE AGM TO LEAD THE DIGITAL TRANSFORMATION AND SUSTAINABILITY.BOARD OF DIRECTORS WILL PROPOSE A NEW DIVIDEND POLICY AT THE AGM.NEW POLICY WILL SEE AN INCREASE IN ORDINARY DIVIDEND PAYOUT TO 60% FROM 50%.BOARD WILL FURTHER PROPOSE A TOTAL BONUS DIVIDEND OF 1 EURO PER SHARE TO BE PAID IN RELATION TO FY18, FY19 AND FY20.TOTAL DIVIDEND FOR FY2018 WILL BE 0.88 EUROS PER SHARE, WHICH REPRESENTS AN INCREASE OF 17%.  Full Article

Inditex CEO says expects stable gross margin in 2019
Wednesday, 13 Mar 2019 

March 13 (Reuters) - Industria de Diseno Textil SA CEO Pablo Isla::Says has achieved healthy gross margin in 2018 despite negative currency effects.Says expects stable gross margin in 2019.Says online sales are not dilutive.Says not expecting any impact from minimum wage increase in Spain, already paying significantly above.  Full Article

Inditex Says Will Update On Online Sales In Full-Year Results In March
Wednesday, 12 Dec 2018 

Dec 12 (Reuters) - Industria de Diseno Textil SA ::CEO SAYS ABILITY TO MAINTAIN MARGINS DESPITE SIGNIFICANT NEGATIVE CURRENCY EFFECTS SHOWS HEALTH OF BUSINESS.SAYS WILL UPDATE ON ONLINE SALES IN FULL-YEAR RESULTS IN MARCH.SAYS ONLINE SALES ARE NOT DILUTIVE TO MARGINS.  Full Article

Inditex 9-Month Net Income Up 4 Pct At 2.44 Bln Euros Vs Year Ago
Wednesday, 12 Dec 2018 

Dec 12 (Reuters) - Industria de Diseno Textil SA ::9-MONTH NET INCOME REACHED EUR 2.44 BILLION (€0.783 PER SHARE), 4% HIGHER YOY.9-MONTH EBITDA 3.93 BILLION EUROS VERSUS 3.82 BILLION EUROS YEAR AGO.9-MONTH NET SALES 18.44 BILLION EUROS VERSUS 18.0 BILLION EUROS YEAR AGO.SAYS MAINTAINS PREVIOUS GUIDANCE ON LFL AND GROSS MARGIN IN THE 2H2018.LFL IN 2H 2018 TO THE END OF NOVEMBER GREW +3% AND +5% LFL IN OCTOBER/NOVEMBER.  Full Article

Inditex space growth on track, says chairman
Wednesday, 12 Sep 2018 

Sept 12 (Reuters) - Industria de Diseno Textil SA Chief Executive Officer and Chairman Pablo Isla::Says space growth was on track in a conference call with analysts on Wednesday.Inditex estimated space growth in prime locations of around 6 percent for 2018 at the start of the year..  Full Article

Inditex says does not see currency impact on gross margin this year
Wednesday, 14 Mar 2018 

March 14 (Reuters) - Spain's Inditex ::Says does not see currency impact on gross margin this year.Says online sales do not dilute Ebit margin.  Full Article

Inditex To Sell Various Stores In Spain As Part Of Rental Policy
Wednesday, 13 Dec 2017 

Dec 13 (Reuters) - Industria de Diseno Textil SA (Inditex) ::EXCHANGE IMPACT FOR 9 MONTHS IS OF -1 PERCENT, SEES FY IMPACT -1 PCT/ -1.5 PCT‍​.TO SELL VARIOUS STORES IN SPAIN ACQUIRED IN THE 90'S, PART OF STORES RENTAL POLICY‍​.  Full Article

Thai Pomelo Fashion raises $52 million from top retailer Central, others

BANGKOK Fashion e-commerce startup Pomelo has raised $52 million in fresh funding from a group of investors including top Thai retailer Central Group and Skype co-founders, its CEO said on Thursday, as the company expands its physical footprint in Asia.