El Corte Inglés net profit rises 22.8% in FY25

Spanish retail radical El Corte Inglés reported nett net of €628m ($728.6m) for the fiscal twelvemonth ending 28 February 2026, a 22.8% summation connected the erstwhile year.

Turnover for the play totalled €14.98bn, up from €14.78bn a twelvemonth earlier, portion full transaction worth roseate to €17.24bn from €17.05bn, with a like-for-like (LFL) maturation of 2%.

The 2nd fractional of the twelvemonth outpaced the first.

Earnings earlier interest, taxes, depreciation, and amortisation (EBITDA) climbed 4.7% to €1.26bn portion recurring nett net roseate 11% to €522m.

The retail part reported full revenues of €13.21bn and turnover of €12.63bn, reflecting an LFL maturation of 1.8%.

Within the division, manner and quality led performance, with income up 3.1% to €5.88bn.

Food and hospitality generated €3.06bn, a 1.5% increase, portion location and electronics stood astatine €2.77bn.

Digital postulation crossed the group's websites and apps exceeded 1.007 cardinal visits, compared with 891.7 cardinal the erstwhile year.

Travel limb Viajes El Corte Inglés posted full gross of €3.48bn and turnover of €2.11bn, up 3.1%, with EBITDA reaching €107m, a 6.3% rise.

Growth successful the part was led by the vacation conception and the circuit relation business, which includes in-house brands Tourmundial and Club de Vacaciones.

Surface commercialisation gross grew 14.4% to €95m, driven by electrical conveyance charging installations astatine buying centres and the enlargement of KUMO, the group's information centre business, which opened a caller tract successful Paterna, Valencia.

Consumer concern portion Financiera El Corte Inglés recorded nett net of €56m, up 10.7%.

Insurance part Seguros El Corte Inglés posted nett net of €71m, up 6.3%, arsenic the fig of policies roseate 12% year-on-year to 1.4 million.

Chairwoman Cristina Álvarez announced successful January that the radical has guided for concern of €650m successful the 2026–2027 fiscal year, astir 14.6% supra the anterior year's level.

Álvarez said: "These results show the company's spot and alteration america to look guardant to the coming years with confidence, with accrued investments and growth, and the purpose of ever ensuring a unsocial acquisition for each El Corte Inglés' customers."

"El Corte Inglés nett net rises 22.8% successful FY25" was primitively created and published by Retail Insight Network, a GlobalData owned brand.