Jump Main Menu. Go directly to the main content
Header menu

EL CORTE INGLÉS STORE

End header menu
  1. HomeAcces key 1
  2. Communication
  3. Press releases

FY2024-25 RESULTS

POSTED ON

FY2024-25 RESULTS

Economic results Corporate Business lines

  • The Group reached 16,675 million euros in Total Transaction Revenue, with like-for-like growth of 4.3%.
  • Metrics have improved across all areas, with strong performance in Retail, particularly in Fashion and Beauty.
  • EBITDA totalled 1,209 million euros, up by 11.9% from the previous year. Net Income stood at 512 million euros, an increase of 6.7% over the previous year, while Recurring Net Income amounted to 470 million euros.
  • Net Financial Debt was reduced by 263 million euros, falling below 1.5 times EBITDA.
  • The Company enters the 2025-2026 fiscal year with a positive outlook across its various business areas.

El Corte Inglés achieved significant growth in its main business areas and across all financial metrics during the 2024-25 fiscal year (ending 28th February 2025). This strong performance is the result of improved management efficiency, a strong customer service-oriented approach, and continued focus on innovation and product quality.

These factors enabled the Group to reach a Total Transaction Value of 16,675 million euros, representing a 2% increase over the previous fiscal year. Like-for-like Revenue rose by 4.3%.

Gross Profit grew by 4.5%, driven by the strong performance of private label brands, which complement the solid offering of national and international third-party brands.

Operational improvements are also reflected in the Group’s consolidated EBITDA, which amounted to 1,209 million euros, an 11.9% increase compared to the previous year. Profit Before Taxes rose to 682 million euros, with Net Income reaching 512 million euros (6.7% growth year-on-year), while Recurring Net Income stood at 470 million euros.

Net Financial Debt was reduced by 263 million euros, representing 1.5 times EBITDA.

BUSINESS SEGMENTS

The Retail business achieved a Total Transaction Value of 12,976 million euros, with like-for-like growth of 3.9%.

The Fashion & Beauty segment stood out with Revenue up by 4.9% year-on-year, reaching 5,704 million euros.

The Food & Restaurants segment also posted significant growth, with sales rising by 4.8% up to 3,044 million euros.

The Home & Electronics segment improved sales by 3.4%, reaching 2,697 million euros.

Regarding the online channel, the Group recorded over 891.7 million visits to its websites and apps (compared to 858.2 million in 2023). The Company has 14.9 million registered customers at elcorteingles.es.

This positive trend drove Retail EBITDA up to 922 million euros.

Viajes El Corte Inglés posted a Total Transaction Value of 3,449 million euros, which represents a 4.3% increase compared to the previous year, and EBITDA of 101 million euros.

Financiera El Corte Inglés increased its Net Income by 22.8% this year, reaching 50 million euros. Meanwhile, Seguros El Corte Inglés reported a Net Income of 71 million euros, up by 8.6% from the previous year.

Lastly, the Surface Commercialisation segment includes leases or commercial agreements with third parties that complement the Group’s offering (e.g., opticians, car wash and repair services, hair salons, dental clinics, etc.). This segment generated 83 million euros in Revenue during the fiscal year.

KEY FIGURES