Madrid, September 11 (FinanceFlashNews.com) – Spanish fashion retailer Inditex, the owner of Zara, posted a record profit for the first half of the current fiscal year, despite a slowdown in revenue growth. The company reported a net profit of €2.8 billion for the period from February to the end of July 2024/2025, marking a 10% increase year-over-year, according to reports from AFP and Reuters.
Strong Customer Reception to Seasonal Collections
Inditex, which also owns Pull&Bear, Bershka, Massimo Dutti, and Stradivarius, attributed the profit boost to the strong performance of its spring and summer collections. The company surpassed analyst expectations, who had anticipated a more significant slowdown in profit growth.
Revenue Growth Slows
Despite the record profit, Inditex saw its revenue growth slow. The company reported €18.1 billion in revenue for the first half of the year, representing a 7.2% year-over-year increase. This is a significant decline compared to the 13.5% revenue growth reported in the same period of the previous fiscal year. However, Inditex expects a double-digit revenue growth for the first five weeks of the third quarter, which began in August.
Inditex Financial Data for First Half of 2024/2025
| Metric | First Half 2024/2025 |
|---|---|
| Net Profit (in billion EUR) | 2.8 |
| Revenue (in billion EUR) | 18.1 |
| Revenue Growth (%) | 7.2 |
| Previous Year Revenue Growth (%) | 13.5 |
Keywords: Inditex, Zara, record profit, revenue growth, spring collection, fashion retail, Bershka, Massimo Dutti, fiscal year
