3 minute read
Tous shines bright
JEWELLERY and accessories company
Tous closed 2022 with record sales and its highest profits in almost 15 years.
Ceasing operations in Russia following the Ukraine invasion had a negative impact of €7 million after Tous closed seven shops there and transferred 49 to its local partners. Nevertheless, growth was 17 per cent up on 2021 and 4 per cent above that of prepandemic 2019.
Earnings before interest, taxes, depre
IBERDROLA chairman Ignacio Galan and Brazil’s president Luiz Inacio Lula da Silva recently visited the company’s pioneering energy complex.
The €630 million plant, which is located in Paraiba, in the northeast of the country, will supply electricity to 1.3 million homes while preventing the emission of more than 100,000 tons of carbon dioxide each year, Galan said.
The complex consists of 15 wind farms equipped with a total of 136 turbines and an installed capacity of 471.2 megawatts, plus two solar plants with 228,000 panels and a 149.2 megawattpeak capacity.
Doesn’t add up
SPAIN’S young are no longer attracted to a career in accountancy.
Multinationals and small firms worldwide have been warning governments for some time of a decrease of newlyqualified students choosing to become accountants or auditors.
This has become apparent not only at university when young people decide on the studies and future careers, explained a spokesperson for one of the Big Four accountants, Deloitte, Ernst & Young (EY), PricewaterhouseCoopers (PwC), and Klynveld Peat Marwick Goerdeler (KPMG).
“It’s not only that fewer graduates want to become accountants,” they said. “Many decide to leave and go on to something different after working for two or three years.”
B&Q locals
B&Q could open at least 50 small and mediumsized stores across Britain. The DIY multinational is meeting the demand for accessible local stores where goods ordered online could also be picked up, B&Q sources said.
ciation and amortisation (Ebitda) grew 26 per cent yearonyear to €101 million and the Catalan company’s net profits rose 60 per cent to €35.7 million.
“In a complicated and changing socioeconomic environment, we have been brave and presented our new brand identity which has been very well received to stay ahead of the market,” said the company’s CEO Carlos SolerDuffo.
The chain already has B&Q Locals in London and the group has earmarked locations for another 50 nationwide.
Mediumsized sites of between 4,000 and 5,000 square metres are likewise under consideration, in contrast to traditional B&Q centres occupying 12,000 square metres, while the new high street stores would range from 300 to 800 square metres.
REBECCA SERWOTKA “We sell houses!
It’s what we do, it’s ALL we do!” Certified API Spain. Your favourite local resale property expert, of Inmobiliaria Real Estate Agents in Ciudad Quesada. Published author of ‘Moving Forward 25 Essential Rules For Buying & Selling Real Estate Without Going Crazy’. Request your FREE copy! Prestige Award Winner for ‘Real Estate Agency Of The Year 2021/22 & 2022/23’.
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Leapy Lee Says It
Others Think It
SO there we were; on a deserted Saudi beach, miles from anywhere, surrounded by a number of shabbily attired Arab tribesmen, all of them atop various small sand dunes, quietly staring and oozing menace.
For those readers who last week didn’t peruse the ol’ boys column, this situation had arisen back in the 70s, when I found myself bringing shows into Saudi Arabia, residing and working in the country for some eight years. One thing I had to accept was the utter inequality of the ladies.
In complete contradiction of Muslim law I’d secretly driven my British Saudia Airline hostess girlfriend to a deserted beach, some 50 kilometres from Jeddah. We’d parked the car near the sea and finally stretched out in the privacy of a secluded area we thought to be miles from any habitation. Wrong.
After some half an hour I opened my eyes and drowsily became aware this was indeed not the case at all. We were surrounded. Knowing the at
