Spanish fashion group Inditex's net profit has climbed by 6% to €6.22bn ($7.18bn) in the fiscal year ending 31 January 2026 (FY25), driven by higher sales.
The company reported net sales of €39.86bn for FY25, representing a 3.2% increase compared with the previous year.
Inditex said its collections were well received by customers, with sales showing “very satisfactory development” across both stores and online channels.
Profit before tax (PBT) rose 5.8% year-on-year to €8.02bn.
Earnings before interest, taxes, depreciation, and amortisation (EBITDA) rose 5% to €11.26bn, and EBIT increased 5.9% to €7.99bn.
Inditex said the results reflected “very satisfactory execution of the business model”, adding that lease-adjusted funds from operations increased 7%.
Inditex CEO Óscar García Maceiras said: “These results reflect the ability of our teams to honour the trust that millions of customers place in our eight commercial formats every day.
“Connecting with them, understanding their desires and delivering the best product and a differentiated experience underpin our long-term growth expectations.”
Online sales rose 4.8% to €10.7bn during the year. By the end of FY25, the group operated 5,460 stores worldwide.
As part of its retail optimisation strategy, Inditex opened stores in 41 markets during the year.
The group completed 190 openings, 217 refurbishments - including 96 enlargements - and 293 absorptions.
Europe, excluding Spain, remained the company’s largest market, accounting for 51.3% of total sales, compared with 50.6% in 2024.
The Americas represented 17.8% of sales while Asia and the rest of the world accounted for 15.0%. Spain increased its share to 15.9%.
Inditex said its dividend policy includes a 60% ordinary payout alongside bonus dividends.
For FY25, the board plans to propose a dividend of €1.75 per share at the annual general meeting.
Looking ahead, the company expects gross retail space to grow by around 5% in 2026, supported by a continued expansion of its online operations.
Inditex also plans ordinary capital expenditure of €2.3bn in 2026, primarily aimed at optimising commercial space, integrating technology and improving online platforms.
