Sonae

Portugal’s Sonae Remains Happy With NOS Stake Despite Share Drop

Portugal’s largest retailer Sonae SGPS SA remains totally committed to its investment in NOS SGPS SA, Chief Corporate Center Officer Luis Reis said,...

Sonae Increases Sales By 4.4% In First Half

Portuguese retailer Sonae posted a consolidated turnover of €2.43 billion in the first half the year, a 4.4% increase on the previous year. The ret...

Hilton Food Group To Supply Meat To Portugal’s Continente

Hilton Food Group has signed an agreement with Portuguese hypermarket chain Modelo Continente Hipermercados to supply packaged fresh meat to the group....

Pingo Doce And Continente Listed Among Top 10 Brands in Portugal

Supermarket group Pingo Doce and hypermarket chain Continente are among the ten most valuable brands in Portugal, according to a ranking published by On St...

Sonae MC To Focus On Promotions To Boost Market Share

Portuguese retail group Sonae MC will continue to focus its strategy on promotions to boost its leadership position in the country’s competitive food...

Sonae Eyes Smaller Stores Following Positive Q1 Performance

Portugal's Sonae Group has sees its turnover grow 6% in the first quarter of the year to €1.2 billion, with its food retail business, Sonae MC, 'growi...

Sonae Sierra Q1 Profits Rise by 31%

The property arm of Portuguese retail company Sonae has recorded a 31 per cent net profit growth in Q1 2016. Sonae Sierra, its international retail prop...

Angola To Get New Hypermarket Chain

Angolan businesswoman Isabel dos Santos is set to open the first Candando hypermarket in the African country. The new store will open on May 10. It come...