Adolfo Domínguez has reduced its losses to € 1.8 million in its first fiscal quarter, spanning March to May, driven by a 10.45 per cent increase in business volume, which exceeded € 24 million, the highest for this period since 2015.
In a statement to the National Securities Market Commission (CNMV), the company noted that after two consecutive fiscal years with positive net results, it continues to improve its profitability. In the first quarter, EBITDA reached € 2.1 million, five times higher than in the 2023/24 period.
The gross margin stood at € 16 million, up 9.6 per cent from the same period last year, representing 66.6 per cent of sales.
Europe leads the brand’s growth, with a 16.7 per cent increase in sales. After nearly 50 years in the European market and with 180 sales points across seven countries, the company continues to expand its international presence, opening new stores in Greece, Luxembourg, and Spain between March and May.
Operating expenses were reduced by 2 per cent to € 13.9 million in the reviewed period.
