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El Corte Inglés posts €249 million net profit through August, up 11.5%

FinanceInternationalLa Voz de GaliciaAI summary
Image: La Voz de Galicia

El Corte Inglés reported a net profit of €249 million in the first half of the year, up 11.5% from the same period a year earlier. Recurring net profit rose 9.1% to €210 million. Global revenue reached €8.404 billion (+2.3%) and turnover €7.230 billion (+2.6%). EBITDA stood at €562 million, up 4.2%, and the group allocated €294 million to investments in commercial, logistics and technology transformation.

In 30 seconds

  • Net profit of €249 million, up 11.5% year on year
  • Recurring net profit grew 9.1% to €210 million
  • Global revenue of €8.404 billion (+2.3%) and EBITDA of €562 million (+4.2%)
Read the full story at La Voz de Galicia

IASummary generated by artificial intelligence from a story by La Voz de Galicia. It may contain errors: the original source prevails.

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