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Pontegadea Inversiones Benefits from Inditex’s Strong Performance & Increases its Turnover by 35%

The net profit of Amancio Ortega's investment arm also tripled, driven by the textile company's shares.

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Every new detail that we learn about the financial statements of Pontegadea Inversiones, the investment arm through which Amancio Ortega continues to set the pace of business in more and more corners of the world, reflects an increase in his influence. And by influence, in many cases, we mean his real estate portfolio.

According to Cinco Días, the largest of the firms that bears the name Pontegadea, increased its turnover during 2021 to 28.125 billion euros, which represents an increase of 35% in relation to the figures for 2020, according to the consolidated accounts filed with the Mercantile Registry.

Read the full article in Spanish.

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