Sector Consumer Goods
BPI / Portugal
Broker Contact Frederico Torre email@example.com
Sonae has been trying to reposition itself from a conglomerate into a retail company (food, non-food and real estate), 100% owned, complemented by two major partnerships in telecommunications (NOS, 27.3% owned through Sonaecom) and shopping centres business (Sonae Sierra, 50% owned).
Retail accounts for the bulk of the company and is mostly domestic. However Sonae also operates a non-food business in Spain and plans to launch Continente in Angola.
Delegates: Luis Reis (CCCO); Patricia Pinto (IR)
Market Cap: EUR/m 2800; USD/m 3000