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Sonae SGPS SA (YSO.LS)

YSO.LS on Lisbon Stock Exchange

1.11EUR
22 Jun 2018
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Latest Key Developments (Source: Significant Developments)

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 retailer Sonae's Q4 sales up 8.8 pct
Wednesday, 18 Jan 2017 01:47pm EST 

Portugal's largest retailer Sonae says in a statement: Total retail sales rose 8.8 percent in the fourth quarter from a year earlier to 1.45 billion euros ($1.55 billion). . Food retail sales increase 6.6 percent to 1.0 billion euros. . Specialized retail unit that encompasses electronics outlets Worten, sporting goods chain SportZone and others posted a 14.4 percent increase in fourth-quarter sales. . Total sales last year rose 7.2 percent to 5.2 billion euros. . "We have managed to increase 2016 sales by 5.6 percent and reinforce our leadership despite a fairly challenging market environment... These results are equally important for the coming quarters as they prove that we have the strategy and adequate resources to achieve our targets," Luis Moutinho, CEO of the food retail unit Sonae MC says in the statement. .Sonae fourth-quarter results due on March 16..  Full Article

Sonae buys 51 percent stake in Go Natural restaurants
Monday, 5 Dec 2016 02:13am EST 

Sonae SGPS SA : Said on Friday buys a 51 percent stake in Go Well, which operates 22 healthy food restaurants in Portugal under Go Natural brand .Go Well recorded in 2015 turnover of 6.4 million euros ($6.8 million).  Full Article

BRIEF-CTT And Sonae To Create JV And Exploit Business Opportunity In E-Commerce Market

* SAID ON THURSDAY ENTERED INTO AGREEMENT WITH SONAE SGPS SA TO CREATE JOINT VENTURE TO EXPLOIT BUSINESS OPPORTUNITY IN E-COMMERCE MARKET