Industria de Diseño Textil, S.A. (IDEXY) Q2 2025 Earnings Call Transcript


Industria de Diseño Textil, S.A. (OTCPK:IDEXY) Q2 2025 Earnings Call September 10, 2025 3:00 AM EDT

Company Participants

James O’Shaughnessy – Senior Investor Relations Manager
Oscar Maceiras – CEO & Executive Director
Andrés Sánchez Iglesias – Chief Financial Officer
Gorka Yturriaga – Director of Investor Relations

Conference Call Participants

Geoff Lowery – Redburn (Europe) Limited, Research Division
Anne Critchlow – Joh. Berenberg, Gossler & Co. KG, Research Division
Monique Pollard – Citigroup Inc., Research Division
Sreedhar Mahamkali – UBS Investment Bank, Research Division
Alexander Richard Okines – BNP Paribas Exane, Research Division
James Grzinic – Jefferies LLC, Research Division
Richard Chamberlain – RBC Capital Markets, Research Division

Presentation

James O’Shaughnessy
Senior Investor Relations Manager

Buenos días and good morning to everyone today. A warm welcome to all those taking part in our half year 2025 results presentation. My name is James O’Shaughnessy, Investor Relations. The presentation today will be led by Inditex’s CEO, Oscar Garcia Maceiras; our CFO, Andrés Sánchez; and Gorka García-Tapia, Director of Investor Relations.

[Operator Instructions] Let’s take the disclaimer as read.

Over to you, Oscar.

Oscar Maceiras
CEO & Executive Director

Good morning. Welcome to our results presentation. It’s good to be with you all today. In the first half of 2025, we have again achieved a solid performance with satisfactory sales in a complex market environment and keeping strong levels of profitability. The efficient execution accomplished by our teams demonstrates the strength of Inditex’s business model.

This business model continues to be driven by our unique fashion proposition and increasingly optimized customer experience, our focus on sustainability and the quality and commitment of our teams. These factors continue to enhance our competitive differentiation.

Our Spring Summer collections have been well received by customers. We had a satisfactory sales growth of 1.6%. Sales in constant currency increased by 5.1%. It’s evident from the figures we are providing



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