MarketsNotableConfirmed
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Inditex Q2 profit misses, August sales rise 9%
InfoMoney·ES·1 day ago
Mercator, a Fortenova-owned trading company, reported a net profit of €12.8 million for the first time in years, but sales revenue dropped 11.3% to €1.17 billion. The profit turnaround likely reflects cost-cutting or one-off gains, while the revenue decline signals weak consumer demand in the region. This is a company-specific earnings report with limited macro impact.