14/09/2026
Our subsidiary, Tendam, announced historic H1 2026 financial results, covering the period from 1 March 2025 to 31 August 2026, with total revenue up by 10.7% to €744.9 million, and EBITDA rising by 12.2% to €190.2 million.
The company ended the first half with 60 net store openings, delivering 5% net growth in its omnichannel network in just six months. Its expansion combines the extension of existing formats with the development of new retail concepts, both in Spain and internationally. The number of loyalty club members crossed the 27 million threshold, further reinforcing one of the group’s greatest competitive advantages
In the second half of financial year 2026, Tendam will continue to pursue its growth roadmap, driven by an excellent portfolio of complementary brands, an ambitious expansion plan including store openings and new formats, stronger digital and technology capabilities to underpin its omnichannel model and full integration of artificial intelligence across the value chain.