Monday, August 29, 2016

El Corte Inglés profits almost 20 million in Portugal – Jornal de Negócios – Portugal

El Corte Ingles closed fiscal year 2015 with earnings of 19.2 million euros in business in Portugal, an increase of 3.8% over the same period last year.

the company’s results were known this Sunday, August 28, a statement quoted in the Lusa, which accounts for the completed activity in February 2016, that ends the fiscal year of the company.

sales of warehouses in the country (in Lisbon and Porto) settled in 429.65 million euros, also a rise, but 2.9% year on year. Already the results before interest, taxes, depreciation and amortization (EBITDA) advanced 5.7% to 40.6 million euros.

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