Inditex This Wednesday, it presented its results for the 2025 fiscal year (from February 1, 2025 to January 31, 2026), which ended with a 6% increase in net profituntil the 6,220 million eurossomething it has achieved «based on solid growth in recent years.» Besides, Sales for the year grew by 3.2%up to 39,864 million euros, «with a very satisfactory evolution both in store and online, positive in all formats.» This is what the fashion brand explained in a note, in which it details that sales, at constant exchange rates, grew by 7%. «The collections were well received by customers,» stated Inditex, which has also anticipated a good start to the current quarter. Specifically, he pointed out that The Spring/Summer collections «have been very well received by customers»and in-store and online sales at constant exchange rates have increased by 9% from February 1 to March 8, 2026, compared to the same period in 2025. For its part, the operating result (EBITDA) grew by 5%, up to 11,267 million euros, and the EBIT rose by 5.9%, to 7,997 million euros. The result before taxes (BAI) increased by 5.8%, to 8,020 million euros, Inditex has pointed out. The note also states that «the execution of the business model has been very outstanding», and that is The gross margin stood at 23,222 million euros, 3.9% higher to 2024, and represents 58.3% of sales. Likewise, it boasts that «the control of operating expenses has been rigorous», so that operating expenses have increased by 2.8% compared to 2024, below the growth in sales. And due to the «good execution» of the business model, the flows generated (adjusted for lease payments) grew by 7%. Net cash stood at 10,958 million euros at the end of the year, the company has also indicated. Regarding the shareholder remuneration policy, Inditex recalls that it maintains an ordinary payout of 60% of profits, as well as a commitment to the additional distribution of extraordinary dividends. For the year 2025, the Board of Directors will propose to the General Meeting of Shareholders a dividend of 1.75 euros per sharecomposed of an ordinary dividend of 1.20 euros and an extraordinary dividend of 0.55 euros per share. «The dividend will be paid in two equal payments: on May 4, 2026, a payment of 0.875 euros per share, corresponding to the ordinary dividend,» says Inditex, and «on November 2, 2026, a payment of 0.875 euros per share (0.325 euros ordinary + 0.550 euros extraordinary).» Looking ahead to 2026, the group maintains its «strong commitment to profitable growth». Specifically, it estimates an increase in annual gross space of around 5%, «with a positive contribution from sales space, accompanied by a positive evolution of online sales.» Likewise, he explains that to «continue strengthening long-term growth,» will make ordinary investments of around 2.3 billion euros in 2026. «These investments will be dedicated mainly to the optimization of our commercial space, its technological integration and the improvement of our online platforms.» «In 2025, Inditex continued its solid operating performance. The innovation, diversification and flexibility of our integrated model drives consistent sales growth and sustained profitability,» the company detailed. For its part, Oscar Garcia MaceirasCEO of the group, highlighted that «these results reflect the ability of our teams to honor the trust that millions of customers place every day in our eight commercial formats. Connecting with them, understanding their desires and offering the best product and a differential experience is the basis that supports our expectation of long-term growth.»
