New change at the top of El Corte Inglés. The board of directors of the department store company, chaired by Cristina Álvarez, has appointed Javier Catena as CEO. The senior executive, who had left the company during Gastón Bottazzini's tenure as CEO, from 2024 to 2025, returned as operations director, which includes the areas of supply chain and real estate logistics, the position he currently held. Since the end of the pandemic, the department store company has changed its top executive five times.

El Corte Inglés closed the 2025-2026 fiscal year with a net profit of 628 million euros, an increase of 22.8% compared to the previous campaign. Recurring net profit, that is, that of the department stores, reached 522 million and grew by 11%. The company managed to reduce debt to 1,648 million. This evolution of liabilities places the debt level at 1.3 times ebitda, "the lowest in almost two decades", according to the company. Operating result (ebitda), of 1,266 million, increased by 4.7% over the previous year.

The department store chain El Corte Inglés closed the 2024-2025 fiscal year (from March 1, 2024, to February 28) with an increase in sales and profit, the company reported in a statement on Thursday. Thus, the group increased its net profit by 6.7% to €512 million, while turnover grew by 2% to €16.675 billion.

The covid-19 pandemic has caused historic losses for department store chain El Corte Inglés. The company closed its last fiscal year, which runs from March 2020 to February 2021, with a net loss of €2.9bn. In the previous year, ending in February 2020, just when the pandemic broke out in Spain, it made a profit of €310m.