What: El Corte Inglés reaches a decade-high valuation of €14 billion, driven by international investment and strong financial recovery.

Why it is important: This milestone underscores the effectiveness of El Corte Inglés’ transformation strategy and the growing influence of international investors in European retail.

El Corte Inglés has achieved its highest valuation in a decade, reaching €14 billion, following an upward revision by its Qatari shareholder, Sheikh Hamad bin Jassim bin Jaber Al Thani. This increase reflects a sustained recovery since the pandemic, with the group’s value rising by 60% since 2021. The Qatari investor, who currently holds 5.53% of the company, has seen the value of his stake rise for three consecutive years, though at a slower pace than before. The company’s financial turnaround is marked by significant debt reduction and a record dividend distribution, with €225 million approved at the latest shareholders’ meeting. Despite internal turbulence, including six CEOs in six years and the ongoing leadership of Marta Álvarez, El Corte Inglés has managed to strengthen its financial position and attract continued international investment. The group’s improved valuation comes at a pivotal moment, as it continues to modernise its operations and maintain its status as a leading European department store.

IADS Notes: El Corte Inglés’ record valuation is supported by strong FY2024-25 results, including €1.2 billion EBITDA and significant debt reduction, as noted in June 2025 (“El Corte Inglés posts a FY2024-25 like-for-like growth of 4.3%”, Press Release). The company’s €3 billion investment plan through 2030 and a 6.2% increase in its real estate portfolio, highlighted in July 2025 (“El Corte Inglés announces €3 billion investment plan”, Modaes, Fashion Network; “El Corte Inglés increases the value of its real estate portfolio to €15.716 billion”, Modaes), demonstrate a commitment to modernisation and financial stability. The growing role of international investors, such as Sheikh Hamad bin Jassim bin Jaber Al Thani, mirrors broader trends in Spanish retail, as seen in March 2025 (“Springfield and Cortefiel in the hands of Abu Dhabi investors”, Retail Detail).

El Corte Inglés' valuation reaches a decade high of €14 billion