Sonae

MC Sonae Reports 13% Revenue Growth In First Quarter

Portuguese food retailer MC Sonae said that turnover in the first quarter of its financial year totalled €1.5 billion, up 13.5% year-on-year and 11.8%...

BPI Secures €100m Sustainable Loan For Continente

Portuguese bank BPI has provided a sustainable loan of €100 million to Portuguese supermarket chain Modelo Continente, owned by MC, the food retail un...

IPLC Announces Details Of Forthcoming Private Label Seminar

International Private Label Consult (IPLC) has announced details of its fifth Private Label Seminar, set to take place in Amsterdam on Monday 22 May, the d...

Sonae Teams Up With Bankinter To Create Portuguese Consumer Credit Operator

Sonae and Bankinter Consumer Finance have formalised a partnership to create a consumer credit operator in Portugal.

Portugal Rules Out Intervening To Curb Soaring Food Inflation

Portugal's economy minister has ruled out any government intervention to stem soaring food prices that are hitting households hard, seeing the market as th...

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...

Portugal's Finance Minister Says Cutting VAT On Food Not A Priority

Portugal has no intention of lowering the 6% value-added tax (VAT) levied on basic food products, but will continue to grant direct subsidies to help the m...

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Sonae

MC Sonae Reports 13% Revenue Growth In First Quarter

BPI Secures €100m Sustainable Loan For Continente

IPLC Announces Details Of Forthcoming Private Label Seminar

Sonae Teams Up With Bankinter To Create Portuguese Consumer Credit Operator

Portugal Rules Out Intervening To Curb Soaring Food Inflation

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

Supermarkets Not To Blame For Inflation, Says Sonae CEO

Portugal's Finance Minister Says Cutting VAT On Food Not A Priority

Sonae's MC Arm Reports 16% Increase In Sales In Third Quarter

Portugal's Sonae Sees Net Profit Fall Due To Rising Energy And Transport Costs

Sonae’s MC Arm Reports H1 Turnover Growth Of 7.6%

Cyber Attack Hits Some Services Of Portuguese Retailer Continente

Portugal's Sonae Q4 Profit Rises 46%, Sees Challenges Ahead

Nestlé Supports Pilot European Re-skilling Project

Portugal's Sonae Reports 32.5% Jump In Third Quarter Profit