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Inditex 9-Month net profit more than triples to 2.5 billion euros -Breaking

by Mike Robinson

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© Reuters.

MADRID (Reuters), – World’s largest fashion retailer Inditex The recovery of MC: was confirmed on Wednesday when the company posted a net loss of 2.55 billion euros ($2.82billion) for the first nine months. That’s 273% less than last year.

Sales for the February-October period were 19.33 Billion Euros, an increase from 14.1 Billion euros last year but still less than the 19.8Billion euros reported in 2019.

($1 = 0.8872 euros)

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