Showing 1 to 6 of 6 results
El Corte Inglés's International Revenue Up 5% in 2024, Driven by UAE Growth
El Corte Inglés's 2024 international revenue increased by 5% to €1.274 billion, primarily due to a 50% surge in UAE sales (€220.2 million excluding intragroup transactions) driven by its travel agency, while growth in the EU was limited to 0.5%.
El Corte Inglés's International Revenue Up 5% in 2024, Driven by UAE Growth
El Corte Inglés's 2024 international revenue increased by 5% to €1.274 billion, primarily due to a 50% surge in UAE sales (€220.2 million excluding intragroup transactions) driven by its travel agency, while growth in the EU was limited to 0.5%.
Progress
36% Bias Score
El Corte Inglés's Minority Stakes Generate Record €83.9 Million Income
El Corte Inglés's income from minority-owned companies, such as Financiera El Corte Inglés and Seguros ECI, soared by 37.6% to €83.9 million in 2024, exceeding previous years.
El Corte Inglés's Minority Stakes Generate Record €83.9 Million Income
El Corte Inglés's income from minority-owned companies, such as Financiera El Corte Inglés and Seguros ECI, soared by 37.6% to €83.9 million in 2024, exceeding previous years.
Progress
24% Bias Score
S&P Upgrades El Corte Inglés Credit Outlook to Positive
Standard & Poor's upgraded El Corte Inglés's credit outlook to positive, citing better-than-expected operational performance and improved margins, leading to a potential debt rating increase within two years; the company showed a 2.3% revenue increase to €14.786 billion and a 6.7% rise in net profit...
S&P Upgrades El Corte Inglés Credit Outlook to Positive
Standard & Poor's upgraded El Corte Inglés's credit outlook to positive, citing better-than-expected operational performance and improved margins, leading to a potential debt rating increase within two years; the company showed a 2.3% revenue increase to €14.786 billion and a 6.7% rise in net profit...
Progress
24% Bias Score
El Corte Inglés Achieves Record Low Debt, Boosts Profitability
El Corte Inglés's net financial debt dropped to €1.796 billion in 2024, a 64% decrease from 2014, driven by asset sales (including €660 million from real estate and €1.105 billion from its insurance business) and resulting in improved profitability and increased dividend distribution.
El Corte Inglés Achieves Record Low Debt, Boosts Profitability
El Corte Inglés's net financial debt dropped to €1.796 billion in 2024, a 64% decrease from 2014, driven by asset sales (including €660 million from real estate and €1.105 billion from its insurance business) and resulting in improved profitability and increased dividend distribution.
Progress
36% Bias Score
Repsol Completes Gespevesa Acquisition, Ending Joint Venture with El Corte Inglés
Repsol finalized its acquisition of El Corte Inglés's stake in Gespevesa, their joint gas station venture, in December 2024, transferring 40 stations and over 500 employees to its Campsa subsidiary, resulting in a decreased revenue of €39 million for Gespevesa in 2024 compared to the previous year.
Repsol Completes Gespevesa Acquisition, Ending Joint Venture with El Corte Inglés
Repsol finalized its acquisition of El Corte Inglés's stake in Gespevesa, their joint gas station venture, in December 2024, transferring 40 stations and over 500 employees to its Campsa subsidiary, resulting in a decreased revenue of €39 million for Gespevesa in 2024 compared to the previous year.
Progress
40% Bias Score
El Corte Inglés Data Breach: Customer Information Compromised
El Corte Inglés reported a data breach affecting customer personal data and payment card numbers due to unauthorized access at an external supplier; the company immediately resolved the issue, implemented additional security measures, and filed a report with authorities.
El Corte Inglés Data Breach: Customer Information Compromised
El Corte Inglés reported a data breach affecting customer personal data and payment card numbers due to unauthorized access at an external supplier; the company immediately resolved the issue, implemented additional security measures, and filed a report with authorities.
Progress
40% Bias Score
Showing 1 to 6 of 6 results