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Portugal's Sonae Profit Buoyed By One-Off Gains Despite Retail Margin Squeeze

Sonae, owner of Portugal's largest food retailer, on Thursday reported a 21% jump in fourth-quarter net profit as one-off capital gains more than offset th...

Supermarkets Not To Blame For Inflation, Says Sonae CEO

The chief executive of Portuguese retailer Sonae, Cláudia Azevedo, has said that a "disinformation campaign" is painting supermarkets and...

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Enjoy unlimited digital access for 30 days
Get exclusive access to the latest grocery retail & FMCG news, interviews with industry leading executives, and expert analysis on the trends shaping the sector today
Enjoy unlimited digital access for 30 days