- In Spain, it reached €19.195 billion, a 5.6% increase compared to 2023.
- Grupo IFA ranks among the top 3 companies contributing most to job creation nationwide, with a total of 90,319 employees.
- The company has experienced a significant improvement in its operational indicators in Spain, achieving a 9.3% increase in EBITDA.
Madrid, June 26, 2025 – Grupo IFA, the leading distribution company by retail space in the Southern European market, presented its fiscal year 2024 results during its Annual General Shareholders’ Meeting. The company reported historic figures in consolidated global revenue, reaching €43.245 billion in 2024, a 9.6% increase over 2023, thanks to its presence in Spain, Portugal, and Italy. In Spain alone, consolidated sales amounted to €19.195 billion, growing 5.6% year-over-year.
For the second consecutive year, Grupo IFA has solidified its position as one of the main drivers of employment in Spain. With a total of 90,319 workers in the country, the company ranks among the top three entities generating the most jobs nationwide. Internationally, the group’s companies employ 151,138 people across the three markets in which it operates, reaffirming its role as a key player in the Southern European labor market.
Regarding operational metrics, Grupo IFA significantly improved in Spain in 2024. Sales grew by 5.6%, while EBITDA increased by 9.3%. Additionally, it had a notable socioeconomic impact, contributing €11.222 billion to the national economy, equivalent to 0.7% of Spain’s GDP.
Leading through proximity is one of IFA’s core pillars. In 2024, it maintained its commercial surface area in Southern Europe at 7.4 million square meters, reaching 11,710 points of sale across Spain, Portugal, and Italy (+6.6% vs. 2023). According to Nielsen data, the company achieved a 15.1% market share in commercial surface area globally (+0.1% compared to 2023).
In Spain, Grupo IFA closed 2024 with a 1.4% increase in commercial surface area, reaching 4.1 million square meters and 6,406 establishments. According to Retail Data, IFA is the leading operator by commercial surface area in 23 provinces, including Madrid, Barcelona, and Seville, as well as in rural areas, with one in four stores located in municipalities with fewer than 10,000 inhabitants. Nationally, it maintained its leadership in surface area, increasing its retail channel market share to 20.1% and wholesale channel share to 34.2%, according to Alimarket.
IFA has once again demonstrated the strength of its business model, based on a firm commitment to quality, a broad product assortment, and close strategic collaboration with manufacturer brands, which account for 77% of its total sales—15 percentage points above the rest of the market. Throughout the year, it launched 36 vertical commercial initiatives across the Group’s store network and carried out 520 promotional actions, with an average participation rate of 88.43% among its partners. These figures highlight not only its dynamism at the point of sale but also its agility and responsiveness to changing market demands.
Diego Maus, CEO of Grupo IFA, emphasized during the Annual General Shareholders’ Meeting: “Grupo IFA continues to move forward steadily and in line with its strategic plan. This year, we have strengthened our collaboration with manufacturers, adapted to new consumer realities, and reaffirmed our commitment to proximity, excellence, and innovation to continue generating sustainable value for all.
In 12 years, we have nearly doubled our consolidated revenue in Spain, with a compound annual growth rate close to 6% and a 5.5-point gain in market share for manufacturer brands—our partners since the beginning. We will continue building the future of distribution with confidence, commitment, and purpose to consolidate our position as one of the leading distribution operators in Southern Europe.”
Source: Grupo IFA