2023-07-07 15:30:25
bimba and lola obtained a net profit of 11.6 million euros in its fiscal year 2022, ended on February 28, 2023, which is 26.1% less than in the same period of 2021, in a year marked by the “important » investment effort and the impact of inflation.
In addition, the Galician group obtained a gross operating result (Ebitda) of 30.7 million euros, almost 10% less than a year ago, while it increased its investment by 28% compared to the previous fiscal year, being ” the highest figure in the history of Bimba y Lola”, the company has pointed out, without revealing the amount of the investment.
In addition, Bimba y Lola increased its sales by 4.3% in its fiscal year 2022, reaching 225 million euros, as reported by the firm, which will land in the United States this year with its first stores.
Specifically, the banner has specified that this increase has been achieved thanks to the “excellent evolution” of international sales, which have grown by 22%, driven both by the entry into seven new countries in Asia, America and Europe, as well as by the annual growth achieved in practically all of the brand’s markets. Thus, more than 44% of the group’s business is already generated outside of Spain.
The group had, at the end of last year, 286 points of sale and a presence in 48 countries, including its ‘online’ channel, and a team of 1,809 people, which was reinforced during 2022 by 6% compared to the year former.
The CEO of Bimba y Lola, José Manuel Martínez, explained that 2022 has possibly been the year of greatest progress in the company’s strategic plan.
In the same way, Martínez recalled that in an environment of inflationary pressure on consumption and costs, the company has maintained its commitment, with the aim of building the Bimba y Lola brand “and the best possible company in the long term”. .
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