Inditex said sales were off to a strong start in the current financial year after it booked a 15% rise in 2015 net profit, in line with market expectations.
The company is the world's biggest clothing retailer.
Sales from fashion label Zara's spring collection helped push sales across Inditex's stable of brands up 15%, at constant exchange rates, in the first five weeks of the financial year that started in February.
That beat forecast of a 12% increase in same currency sales for first quarter growth so far.
Inditex's net profit came in at €2.88 billion for the financial year which stretches from February to January, boosted by the relative weakness of the euro against a basket of around 60 currencies.
The profit was in line with the expectations of analysts polled by Reuters.
The company, which owns the upmarket label Massimo Dutti and teen brand Bershka and has stores in 88 countries worldwide, gets a majority of sales from overseas.
Sales rose 15.4% to €20 billion in full year 2015, while earnings before interest, tax, depreciation and amortisation (EBITDA) came in at €4.7 billion, also exactly in line with a Reuters' forecast.
Inditex is one of the richest valued stocks in the clothing sector, trading at 28.3 times forward 12-month earnings, compared with 21.7 times for high street fashion rival H&M, according to Reuters data.
But, Inditex's shares have fallen 7.2% up to yesterday's close of €29.4, partly due to worries about currency swings squeezing core profit.
The cash-rich company proposed a dividend of 0.6 euros per share, up 15.4% on the previous year.
