Published On: October 27th, 2025Categories: Trade Ideas
In this investment case, we look at El Corte Inglés, Europe’s largest department store group, which delivered solid FY24 results with improving margins and sustained deleveraging. The group’s strong liquidity, low leverage, and sizeable unencumbered real estate portfolio underpin its BBB- rating with a Positive Outlook from both S&P and Fitch. These factors support our constructive credit view and potential for an upgrade over the medium term.
Don’t miss our latest publication! Discover us on www.bridport.ch
