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Reading: Record profits for El Corte Inglés
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TheLatin.News™ > Blog > News > Business > Record profits for El Corte Inglés
BusinessPortugal

Record profits for El Corte Inglés

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Last updated: June 12, 2024 1:40 pm
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Overall, the group closed the year with 16,333 million euros in turnover and 359 million euros in profits, according to a report by ECO.

“The highlight of the year was the growth of all retail areas, especially in the fashion and beauty, and food and restaurant departments”, highlights the Spanish retailer, in a statement, about the evolution of the business in the national market.

In Portugal, the chain, which has two warehouses in Lisbon and Porto, closed last year’s fiscal year in February with 599 million euros in revenue, an increase of 5% compared to the previous year. The operation in the Portuguese market reached an EBITDA…



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