The JD Sports-owned Spanish sports retailer reversed a €13.4 million net loss to post €33.9 million in profit in FY25, with operating income rising from €10.0 million to €44.5 million, even as revenues slipped 1.8 percent to €650.3 million.
Sprinter saw a retraction in full-year revenues over the course of 2025 but also recovered from the loss it suffered in FY24, according to Modaes, which draws from the Spanish commercial register.
Sprinter’s revenues for FY25 were down 1.8 percent year-on-year to €650.3 million – after the previous year’s rise of 13.0 percent to €662.2 million. Net income, however, rose from FY24’s negative €13.4 million to a positive €33.9 million.
This previous year’s loss was due to a one-time event: an impairment charge of €35.9 million recognized in the FY24 accounts. Sprinter had extended credit and intercompany financing to its Dutch subsidiary, Sport Unlimited Retail, which subsequently entered liquidation and rendered those funds unrecoverable.
In other words, the loss did not reflect Sprinter’s business in Spain. In fact, the operating result for FY25 rose from €10.0 million to €44.5 million. The company also strengthened its balance sheet over the year: equity rose 21.6 percent to €190.7 million while total debt fell 16.6 percent to €196.4 million.
Net store count at the close of the fiscal year was almost flat, at 191, but the company has an expansion plan in effect for Spain. Sprinter intends to invest €20 million to open 20 new stores in 2026 and keep that pace through the end of 2028, so as to approach 300 in total.
Sprinter is owned by Iberian Sports Retail Group (ISRG), itself controlled by JD Sports.
