Profits rise at Corte Ingles

El Corte Ingles increased full-year net profits by 8.2 per cent to EUR576.1 million (£392.2 million). Turnover rose by 8.1 per cent to EUR14.05 billion (£9.57 billion). The eponymous department store chain, which operates in Spain and Portugal, increased sales by 11.7 per cent to EUR9.9 billion (£6.74 billion).