Inditex sales grew 7.5% in the first nine months of the year (from February 1 to October 31), to 19,820 million euros, while net profit grew 12% to 2,720 million , according to the results reported on Wednesday by the owner of Zara .

Pablo Isla, president of the group, said that these data "confirm the company's strategy and demonstrate the strength of the growth of the integrated store and online model, sustained over time thanks to a constant selection of the best quality in locations , spaces, products and services, through the necessary investments in technology and sustainability ".

Inditex highlights the 8% increase in its gross margin (what it earns for each garment it sells) to represent 58.2% of sales. In a context in which there are no periods of limited sales but there are discounts throughout the year, the chain always emphasizes the improvement of this variable.

The chain emphasizes that this growth in sales during these nine months "is driven both by the good reception of the collections and by the organic growth of the integrated online and store platform, as well as the incorporation of maximum surface quality and development of commercial proposals online ".

In the first half of the year it already gained 10% more and accumulated a 7% increase in sales. The group, like its competitors, has benefited from the good start of the autumn / winter season, despite the fact that the textile sector has not closed for a good month of November.

Although this period is usually positive for the sector, given that Black Friday is celebrated, this year sales have fallen almost 3% , according to data from the employer Acotex. The results reported today do not include sales for that month.

Inditex expects a comparable sales growth (stores that are open 12 months) of between 4% and 6% for the whole of the year 2019, whose results will be presented in the month of February.

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