With the value-added tax (VAT) included, Decathlon Spain exceeded €2 billion in sales – reaching €2.106 billion, to be exact – over the course of FY 2022, for a rise of 3.54 percent year-on-year, according to Diffusion Sport and TradeSport alike. Net profit amounted to €100 million.
Online sales accounted for 12 percent of overall sales, for a 90 percent increase over pre-Covid levels.
Spain remains the second-largest market (after France) for the Decathlon group, bringing in 12 percent of overall sales.
The Spanish entity was offering some 150,000 items and associated services through 175 stores and seven distribution hubs. One of the stores, in Nigrán (Pontevedra), was new. Four were relocated: to Vilanova i la Geltrú (Barcelona province), Madrid, Gijón (Asturias) and Valencia. And two, both in Barcelona, were expanded.
The company employed 11,891 people, about half of them women, and disbursed €11 million in profit sharing. About half the workforce (55%) owns company stock.
During the year, Decathlon signed an agreement with the ONCE Foundation for Cooperation and Social Inclusion of People with Disabilities, made a quarter of its sales with “eco-designed” products, and reduced its CO2 emissions by 2 percent. It also expanded its “Second Life” program for product repair and maintenance to 85 percent of its Spanish stores, with work done on 104,000 products.
According to Decathlon Spain CEO Borja Sánchez, sustainability will remain a priority over the next few years. With six other companies, Decathlon Spain has established an association, under the name SCRAP, for the collective management of textile scrap in Spain. In addition, it signed last May the new Pact for Biodiversity and Natural Capital, put forward by the Spanish Company and Biodiversity Initiative (IEEB).
