El Corte Inglés unveils new strategic plan for 2025-2030

What: El Corte Inglés is finalizing a new Strategic Plan for 2025-2030 following a successful financial year.

Why it is important: The new Strategic Plan aims to build on El Corte Inglés' recent financial successes and ensure sustained growth and market leadership in the coming years.

During its General Meeting of Shareholders, El Corte Inglés announced it is finalizing a Strategic Plan for 2025-2030. The meeting also approved the renewal of Manuel Pizarro as director and highlighted the company's strong financial performance for 2023, with revenues rising by 5.4% to EUR 16.333 billion and net profit reaching EUR 480 million. This follows the recent appointment of Gastón Bottazzini as CEO. The new plan is expected to drive further growth and solidify the company's market position.