INDUSTRIA DE DISENO TEXTIL S.A.

ITX

Equity

ISIN ES0148396007 / Valor 24956043

BME Bolsas y Mercados Espanoles - Renta Variable (2024-12-24)

EUR 49.51+0.14%

INDUSTRIA DE DISENO TEXTIL S.A.
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About company

INDUSTRIA DE DISENO TEXTIL S.A. is a company that prioritizes proximity with manufacturers located close to their headquarters in Spain, Portugal, Turkey, and Morocco. This approach helps the company consume less energy, reduce their carbon footprint, and work closely with suppliers throughout the production process. With a focus on short runs and proximity, the company is able to offer unparalleled flexibility and control over the process, allowing them to create a wide range of lasting, responsible fashion products.

Summarized from source with an LLMView SourceSector: Consumer Services

Revenue Growth

In the third quarter of 2023, INDUSTRIA DE DISENO TEXTIL S.A. reported net sales of €35.9 billion, marking a significant increase from the €32.6 billion recorded in the same period of 2022. This growth reflects the company's strong market presence and effective sales strategies.

Profitability

The company's EBITDA for Q3 2023 reached €9.9 billion, up from €8.6 billion in the previous year. This improvement in earnings before interest, taxes, depreciation, and amortization indicates enhanced operational efficiency and cost management.

Net Income

INDUSTRIA DE DISENO TEXTIL S.A. achieved a net income of €5.4 billion in the third quarter of 2023, compared to €4.1 billion in Q3 2022. This increase in net income demonstrates the company's ability to convert sales into profit effectively.

Dividend Announcement

For the fiscal year 2023, the company declared a total gross dividend of €1.540 per share, with a net dividend of €1.247 per share. The dividend payment dates are set for May 2, 2024, and November 4, 2024, reflecting the company's commitment to returning value to its shareholders.

Financial Outlook

Looking ahead, INDUSTRIA DE DISENO TEXTIL S.A. maintains a positive financial outlook, supported by a robust cash flow of €8.7 billion in Q3 2023. The company's strong financial structure, with a group equity of €18.6 billion and net financial debt of -€11.4 billion, positions it well for future growth and investment opportunities.

Summarized from source with an LLMView Source

Key figures

26.8%1Y

75.9%3Y

55.8%5Y

Performance

20.1%1Y

24.9%3Y

28.8%5Y

Volatility