Grupo Falabella recorded profits of US$596mn in the first half of 2025, representing a 221% increase compared to the same period last year. This follows a positive second quarter, where profits reached US$390mn, equivalent to 3.2 times the profits obtained during the same period last year, and includes a net positive fair value effect of US$179mn, associated with the revaluation of investment properties. In Q2 revenues reached US$3.4bn, increasing 9% year-over-year. EBITDA reached US$506mn, 46% higher than the second quarter of last year, which translated into an EBITDA margin of 14.9%. The group's three retailers also showed sustained progress, increasing their consolidated EBITDA margin from 5.5% to 6.9% year-over-year.
Falabella Retail increased its sales by 15%, driven by a more robust multi-specialty offering and a sustained improvement in its operating margins (7.8% EBITDA margin). Tottus grew revenue by 7%, increasing its EBITDA margin by 0.4% to 7.8%, thanks to greater operational efficiency and a more focused value proposition. Sodimac, for its part, recorded revenue growth of 7% in the period, highlighting the strong performance of its e-commerce business, which grew 24%, in addition to achieving an EBITDA margin of 5.5%. The group's e-commerce channel grew 19% in the quarter. During the Cyber event in Chile, sales grew more than 20%, with an increase in credit card and checking account openings, demonstrating the deepening of the financial and commercial ecosystem.
