El Corte Inglés reported a net profit of 512 million euros for the fiscal year ending February 2025, marking a 6.7% increase compared to the previous year. The company's revenues rose by 2% to 16.675 billion euros. The retail group saw growth across all business areas and reduced its debt by 263 million euros. Its distribution segment recorded revenues of 14.786 billion euros, up 2.3%, driven primarily by fashion and beauty sectors. El Corte Inglés has also announced a new issuance of senior bonds worth 500 million euros with an eight-year maturity aimed at general corporate purposes and debt refinancing. The company plans to propose a record dividend distribution of 225 million euros, a 40% increase, at its upcoming shareholders' meeting scheduled for July 24, 2025. Additionally, El Corte Inglés reported a 38% increase in profits from its associated companies where it does not hold majority ownership. Meanwhile, Pontegadea, the holding company of Amancio Ortega, posted a 17.3% profit increase in 2024, reaching 9.322 billion euros. Other corporate updates include Unicaja's 14.6% profit rise to 338 million euros in the first half of 2025, Prosegur doubling its profit to 54 million euros in the same period, and Aldi expanding its presence in Spain with 168 new stores over five years, surpassing 480 supermarkets.
Aldi crece en España con la apertura de 168 nuevas tiendas en cinco años para superar los 480 supermercados https://t.co/5I4MSkyhbK
Prosegur dispara su beneficio neto del primer semestre un 96,3%, hasta 54 millones https://t.co/6rVhc2vgrl
Unicaja mejora sus previsiones de margen de intereses y rentabilidad para 2025 https://t.co/oF7FiE1fbZ