El Corte Inglés Achieves Robust Profit Growth: 6.7% Higher Earnings in Fiscal Year 2024
Madrid, vrijdag, 20 juni 2025.
The Spanish retail giant El Corte Inglés has delivered an impressive financial performance with a net profit of 512 million euros. The company recorded a retail sector revenue growth of 3.9%, driven particularly by strong results in fashion and beauty, which showed an increase of 4.9% to 5.7 billion euros. The online channel also demonstrated robust growth with 891.7 million website visits and 14.9 million registered customers. The company’s effectiveness is reflected in an EBITDA increase of 11.9% to 1.2 billion euros, indicating improved operational management and a clear strategic focus on customer service and product innovation.
Financial Performance
El Corte Inglés has delivered a remarkable financial performance in fiscal year 2024-2025 with a net profit of 512 million euros, representing a 6.667 percent growth compared to the previous year [1][2]. The company recorded a consolidated turnover of 16,675 million euros, representing a 2 percent increase [1].
Retail Sector Results
El Corte Inglés’s retail division showed robust growth with a revenue increase of 3.9 percent to 12,976 million euros [1][2]. Notably, performance in the fashion and beauty sector achieved a sales increase of 4.9 percent, reaching a turnover of 5,704 million euros [1][3].
Online Channel and Customer Reach
El Corte Inglés’s online channel demonstrated significant growth with 891.7 million website visits, an increase from 858.2 million in 2023 [1][3]. The platform currently has 14.9 million registered customers [2][3].
Operational Efficiency
The company improved its operational efficiency, resulting in an EBITDA of 1,209 million euros, an increase of 11.9 percent compared to the previous year [1][2]. The financial debt position was also reduced by 263 million euros [3].