Spanish economy

morocco inmigration

Immigrants – 8.8 million people – account for 18.1% of the population in Spain

In January 2024, the highest recorded number of foreign-born residents in Spain has been reached, 8.8 million people, according to data from the Continuous Population Statistics, analysed by Funcas in the latest Focus on Spanish Society. This figure represents 18.1% of the population, one percentage point more than in 2023, distributed very unevenly among the autonomous communities. The highest percentages correspond to the Balearic Islands (27%), Catalonia and Madrid (24%),…

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Inditex

Inditex reports record earnings of €5,381m (+30.3%) in 2023, and raises dividend to €1.54/share (yield of 3.84%)

Renta 4: 4Q23 results have met our revenue forecasts and have outperformed in the rest of the main P&L items, although they were in line with consensus forecasts. Revenues €10,338 million (+9% vs 4Q22), gross margin 53.8% (+1 pp vs 4Q22), operating expenses €3,120 million (+8.4% vs 4Q22) growing in line with revenues, EBITDA €2,421 million (+14% vs 4Q22), EBIT €1,617 million (+20% vs 4Q22) and net profit €1,279 million…