Spanish retailer Inditex’s sales soar 7.2% in H1 FY24

Spain’s Inditex reported a 7.2 per cent sales growth in H1 FY24, reaching €18.1 billion (~$19.98 billion).
The company’s gross profit rose 7.5 per cent to €10.5 billion, with a 58.3 per cent gross margin.
EBITDA grew 8.1 per cent to €5.0 billion, while EBIT increased 11.9 per cent to €3.5 billion.
Net income climbed 10.1 per cent to €2.8 billion.