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Sonae SGPS SA (YSO.LS)

YSO.LS on Lisbon Stock Exchange

0.90EUR
21 Sep 2018
Change (% chg)

€-0.04 (-3.80%)
Prev Close
€0.93
Open
€0.94
Day's High
€0.94
Day's Low
€0.90
Volume
8,334,721
Avg. Vol
3,287,102
52-wk High
€1.30
52-wk Low
€0.88

Latest Key Developments (Source: Significant Developments)

Sonae To Float At Least 25 Pct Of Sonae MC On Euronext Lisbon
Wednesday, 19 Sep 2018 02:14am EDT 

Sept 19 (Reuters) - Sonae SGPS SA ::SAYS ANNOUNCES INTENTION TO FLOAT SONAE MC ON EURONEXT LISBON.ALL-SECONDARY IPO IS EXPECTED TO OCCUR DURING Q4 2018, SUBJECT TO NECESSARY APPROVALS.PLANS TO OFFER MINORITY SHAREHOLDING STAKE TO RETAIL AND INSTITUTIONAL INVESTORS, REMAINING REFERENCE SHAREHOLDER IN SONAE MC.TARGETS A MINIMUM FREE-FLOAT OF APPROXIMATELY 25% FOR SONAE MC.SEES FY 2018 SONAE MC CAPITAL EXPENDITURE OF EUR 215 MILLION.SONAE MC TO OPEN IN 2019-2021 AROUND 50-60 NEW CONTINENTE BOM DIA STORES, 4-8 NEW CONTINENTE MODELO STORES.SONAE MC TO SPEND IN 2019-2021 AROUND 260-280 MILLION EUROS CUMULATIVE ON EXPANSION.SONAE MC SEES TO GENERATE GROSS PROCEEDS FROM SALE AND LEASEBACK TRANSACTIONS OF EUR 60-80 MILLION IN 2019-2020.SONAE MC TARGETS DIVIDEND PAY-OUT RATIO OF 40-50% OF THE ADJUSTED NET INCOME.  Full Article

Sonae Q2 Net Income Up 20.6 Pct Versus Year Ago
Thursday, 23 Aug 2018 01:14am EDT 

Aug 23 (Reuters) - Sonae SGPS ::REPORTED ON WEDNESDAY Q2 TURNOVER AT 1.34 BILLION EUROS, UP 4.5 PERCENT VERSUS YEAR AGO.Q2 UNDERLYING EBITDA AT 73 MILLION EUROS, UP 2.9 PERCENT VERSUS YEAR AGO.Q2 EBITDA AT 86 MILLION EUROS, UP 9.4 PERCENT VERSUS YEAR AGO.Q2 GROUP NET INCOME AT 78 MILLION EUROS, UP 20.6 PERCENT VERSUS YEAR AGO.  Full Article

Sonae SA Successfully Completes Combination Of Sport Zone With JD Sprinter‍​
Thursday, 1 Feb 2018 02:10am EST 

Feb 1 (Reuters) - Sonae SA ::SUCCESSFULLY COMPLETES COMBINATION OF SPORT ZONE WITH JD SPRINTER‍​.  Full Article

Sonae 9-mo net profit down 3 pct at 133 mln euros
Wednesday, 15 Nov 2017 01:00pm EST 

LISBON, Nov 15 (Reuters) - Sonae reported 9-month net profit of 133 million euros.:* 9-month net profit 133 mln euros vs 137 mln euros year ago.* 9-month underlying EBITDA 221 mln euros vs 202 mln euros year ago.* 9-month turnover 4.115 bln euros vs 3.849 bln euros year ago.  Full Article

Sonae and JD Sports agree to combine JD Sprinter and Sport Zone
Thursday, 14 Sep 2017 02:13am EDT 

Sept 14 (Reuters) - SONAE SGPS SA ::SAYS SUCCESSFULLY REACHES AGREEMENT FOR COMBINATION OF JD SPRINTER AND SPORT ZONE UPON MOU ANNOUNCED IN MARCH.  Full Article

Sonae Q2 net profit up 40 pct at 65 mln euros YoY
Thursday, 24 Aug 2017 01:51am EDT 

Aug 24 (Reuters) - SONAE SGPS SA ::SAID ON WEDNESDAY Q2 NET PROFIT 65 MILLION EUROS VS 46 MILLION EUROS YEAR AGO.Q2 UNDERLYING EBITDA 67 MILLION EUROS VS 63 MILLION EUROS YEAR AGO.Q2 TURNOVER 1.32 BILLION EUROS VS 1.20 BILLION EUROS YEAR AGO.  Full Article

Sonae concludes 34.7 mln euro sale and leaseback transaction
Wednesday, 26 Jul 2017 01:41am EDT 

July 26 (Reuters) - SONAE SGPS SA (SONAE)::SAID ON TUESDAY SONAE RP CONCLUDED SALE AND LEASEBACK TRANSACTION OF 4 FOOD RETAIL ASSETS LOCATED IN PORTUGAL.TRANSACTION AMOUNTS TO 34.7 MILLION EUROS AND GENERATES ESTIMATED CAPITAL GAIN OF 10.3 MILLION EUROS.SONAE MC'S FREEHOLD STANDS AT 48 PCT UPON TRANSACTION.  Full Article

Sonae to buy organic supermarket chain BRIO
Wednesday, 26 Apr 2017 03:18am EDT 

April 26 (Reuters) - Sonae SGPS SA ::Announces that, through one of its subsidiaries, it has reached an agreement to buy 100 percent of the organic supermarket chain BRIO - Produtos de Agricultura Biologica SA (BRIO).  Full Article

Portugal retailer Sonae's 2016 net profit up 23 pct, above forecast
Thursday, 16 Mar 2017 03:44am EDT 

Portugal's largest retailer Sonae says in a statement: 2016 net profit up 23 percent at 215 million euros ($230.57 million) . Revenues up 7 percent at 5.38 billion euros . Underlying EBITDA drops 3 percent to 320 million euros . Overall EBITDA rises 6 percent to 416 million euros .Analysts in a Reuters survey expected, on average, a net profit of 180 million, underlying EBITDA of 316 million and revenues of 5.38 billion euros..  Full Article

Sonae signs MOU with JD Sports and JD Sprinter for business combination in Iberia
Thursday, 9 Mar 2017 02:59am EST 

Sonae SGPS SA : Says signs Memorandum of Understanding (MOU) with JD Sports Fashion PLC (JD Sports) and JD Sprinter Holdings (JD Sprinter) for business combination in Iberia . Says MOU sets up key parameters for creation of an Iberian Sports Retail Group, that will have as shareholders JD Group, Sonae and the family shareholder of JD Sprinter with shareholdings of about 50 percent, 30 percent and 20 percent respectively .Says combined group will become the second largest Iberian sports retailer.  Full Article

Portugal's Sonae step closer to listing food retail business

LISBON, Aug 23 Portuguese holding company Sonae has taken decisive steps towards launching an initial offering (IPO) of its market leading food retail subsidiary, the co-chief executive of the company said on Thursday.