Sonae SGPS Reports Q1 Results

Sonae SGPS reported a rise in consolidated turnover by 7.1% year-over-year to €2.7 billion for the first quarter, driven by strong performance across all retail operations. Underlying EBITDA increased from €218 million to €255 million with an improved margin.

By Jay Mehta, SA News Editor · Seeking Alpha ·

Sonae SGPS Reports Q1 Results

Topics: financial_performance retail

Read the full article at Seeking Alpha

More World news