Portugal's Sonae MC Boosted By New Store Openings
Portugal's Sonae MC has said that it has been boosted by new store openings, as it posted positive results for the first nine months of the year.
The group, which operates the Continente banner, saw turnover rise by 9.5% to €3.43 billion in the first nine months of the year, which it said 'reinforced' its leadership position in Portugal.
'This growth was underpinned by a strong like for like sales evolution in all segments, boosted mostly by increased volumes, as well as the continuous expansion effort,' the retailer said.
Try European Supermarket Magazine PREMIUM – 30 Day FREE Trial.
A trial subscription gives unrestricted access to all premium site content, app content, weekly email content and European Supermarket Magazine digital edition for a full 30 days. Try it now!