Adolfo Domínguez increases sales by 23% and cuts losses by 80%

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Par

EFE

Translated by

Clementine Martin

Published on



Jan 20, 2023

Spanish textile group Adolfo Domínguez suffered losses of 2.16 million euros in the first nine months of its fiscal year, stretching from March to November, 80% less than the deficit of 10.8 million euros recorded in the same period of the previous financial year. The increase in sales, greater than 20%, undoubtedly has something to do with it.

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news-figcaption">Boutique de la marque Paris – Adolfo Domnguez

According to the information communicated Friday by the Spanish group to the country’s market control authority, the CNMV, its EBITDA or gross operating profit is 7.8 million euros for the period.

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