Sonae’s H1 results showed a strong resiliency on the back of the solid sales performance of the food retail and electronics retail divisions. Sonae MC was able to leverage its leading position in Portugal and its broad presence across multiple food retail formats to benefit from the positive dynamic surrounding the market.
28 Aug 2020
Food and electronics retail lead H1 top-line resilience
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Food and electronics retail lead H1 top-line resilience
Sonae SGPS SA (YSON:FRA) | 0 0 1.6% | Mkt Cap: 2,472m
- Published:
28 Aug 2020 -
Author:
Jorge Velandia -
Pages:
3
Sonae’s H1 results showed a strong resiliency on the back of the solid sales performance of the food retail and electronics retail divisions. Sonae MC was able to leverage its leading position in Portugal and its broad presence across multiple food retail formats to benefit from the positive dynamic surrounding the market.