Positive results at El Corte Inglés

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Sep 2019
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Positive results at El Corte Ingles
Positive results at El Corte Ingles


El Corte Ingles of Spain has announced its results for the year to end February 2019: turnover was up 1.1% for the group to €15783m, while EBITDA increased 2.2% to €1075m. The retail business of the group, which is by far the largest activity, accounted for €12974m, an increase of 0.37%, with an EBITDA of €882m. This includes department stores, hypermarkets, the specialty chain Sfera, Bricor DIY and convenience stores. The second largest part of the group is the travel business with sales of €2722m, up 4.9% on the previous year.  The chairwoman struck a very positive note, issuing a reminder that El Corte Ingles is "a systemic company for the Spanish economy, creating wealth and jobs, catalysing ideas that are capable of creating innovative concepts, setting trends and placing us at the cutting edge. We have been doing this for almost 80 years. With enthusiasm, commitment, zeal and sensitivity; with innovation".


press release "Positive results at El Corte Inglés"


el corte inglés annual report 2018