Claudia Azevedo | ESM Magazine

MC Reports Strong Q3 Performance Despite Market Challenges

Portuguese retail company MC Sonae reported strong operational and financial performance in the third quarter of 2024, surpassing expectations despite inte...

Sonae's MC Arm Sees Sales Up 9.6% In Third Quarter

Portuguese retailer MC, which operates the Continente brand, saw sales rise 9.6% in the third quarter of its financial year, or 8.7% on a like-for-like bas...

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...

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

Portuguese conglomerate Sonae's MC business, which includes its supermarket and hypermarket operations, reported a 16% increase in sales in the third quart...

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

Sonae, which owns Portugal's largest food retailer Continente, said that its third-quarter net profit fell 4.2%, despite a solid increase in sales, as reco...