El Corte Inglés Reveals Strong Financial Performance with 6.7% Profit Growth
Madrid, zaterdag, 21 juni 2025.
The Spanish department store group El Corte Inglés has concluded a remarkably strong financial year with a net profit of 512 million euros. Notably, there was a 30.8% increase in recurring net profit to 470 million euros, supported by total revenue growth of 2% to 16.675 billion euros. The retail, fashion, and beauty divisions performed exceptionally well, with revenue growth of 3.9% to 12.976 billion euros. The company benefits from improved management efficiency, a customer-focused strategy, and continuous innovation. Digital channels saw an increase to 891.7 million website visits, with 14.9 million registered customers on the web platform.
Financial Milestones in Detail
El Corte Inglés recorded an impressive net profit of €512 million in the past financial year, with a remarkable 30.919% increase in recurring net profit to €470 million [1]. Total consolidated revenue grew by 2% to €16.675 billion, with revenue excluding exchange rate effects increasing by 4.3% [1].
Strong Division Performances
El Corte Inglés’s retail division showed similar growth of 3.9%, with revenue of €12.976 billion. The fashion and beauty sector performed particularly strongly with revenue growth of 4.9% to €5.704 billion [1]. The food and catering sector saw an increase of 4.8% to €3.044 billion, while the home and electronics sector raised sales by 3.4% to €2.697 billion [1].
Digital Transformation
The company’s digital channels achieved significant progress with 891.7 million website visits, an increase from 858.2 million in 2023. The elcorteingles.es platform now has 14.9 million registered customers [1].
Strategic Business Development
The consolidated EBITDA reached €1.209 billion, an increase of 11.9% compared to the previous year. Net financial debt decreased by €263 million to €1.796 billion [1]. The company attributes these performances to improved management efficiency, a customer-focused strategy, and continuous innovation [1].