El Corte Inglés announces drop in FY sales

Date : 03 September 2014
Spain-based El Corte Inglés has announced full year results for the year ending 28 February 2014 saying that sales dropped by 1.8% to €14.3 billion, with the fall led by its hypermarket division. However, the retailer noted that net profits rose by 6.2% to €174.4 million, the first rise in five…
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