The Spanish department store group El Corte Inglés continued to grow in the 2025/26 financial year. On Monday, the company announced a small increase in sales and a significant increase in profits.
In the most recent financial year, which ended on February 28th, group sales amounted to around 17.2 billion euros. This corresponded to growth of 3.4 percent compared to the previous year. Trading revenues rose by 1.4 percent to almost 15 billion euros.
Earnings before interest, taxes, depreciation and amortization (EBITDA) increased by 4.7 percent to 1.27 billion euros, while reported net profit even increased by 22.7 percent and reached 628 million euros. Adjusted for special effects, the annual profit grew by eleven percent to 522 million euros.
“Fashion and beauty” remains the retailer’s key category
President Cristina Álvarez praised the current figures. “These results demonstrate the strength of the company. They allow us to approach the coming years with confidence, increased investment and growth,” she said in a statement. “Our goal is to make the experience unique for all El Corte Inglés customers.”
The main source of income was once again the company’s own retail trade, whose revenues rose by 1.8 percent to 13.2 billion euros. Within this segment, the “Fashion and Beauty” category consolidated its key role. Their sales rose by 3.1 percent to 5.9 billion euros. In the “Food and Catering” division, sales grew by 0.7 percent to 3.1 billion euros, while the “Household and Electronics” division achieved an increase of 2.9 percent to 2.8 billion euros.
Aside from retail, income from area marketing rose by 14.9 percent to 95 million euros. Other business areas of the group also achieved growth.
The group is planning higher investments
Given the good results in all business areas, the company continues to plan to invest around 650 million euros in the current financial year. These investments are an element of the new strategic concept for the years 2025 to 2030, which envisages investments worth three billion euros for the entire period. In the last financial year, the group had already invested 567 million euros as part of these plans.
This article was created using digital tools translated.
FashionUnited uses artificial intelligence to speed up the translation of articles and improve the end result. They help us to make FashionUnited’s international reporting quickly and comprehensively accessible to a German-speaking readership. Articles translated using AI-based tools are proofread and carefully edited by our editors before they are published. If you have any questions or comments, please email [email protected]
