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Inditex EBITDA soars 25% in 2010

Fashion group Inditex’s EBITDA grew to €2.97bn (£2.6bn) in the financial year ending January 31, as its like-for-likes were up 3% worldwide. Total sales jumped 13% to €12.5bn (£10.8bn) with Europe, excluding Inditex’s home country Spain, accounting for 45% of group sales.