0ML0.IL - Sonae, SGPS, S.A.

IOB - IOB Delayed price. Currency in EUR
-0.0123 (-1.31%)
At close: 05:59PM BST
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Previous close0.9420
Bid0.9035 x 0
Ask0.9420 x 0
Day's range0.9210 - 0.9455
52-week range0.8130 - 1.1780
Avg. volume1,478,024
Market cap1.83B
Beta (5Y monthly)1.01
PE ratio (TTM)6.64
EPS (TTM)0.1400
Earnings dateN/A
Forward dividend & yield0.05 (5.70%)
Ex-dividend date12 May 2023
1y target estN/A
  • Reuters

    Portugal's Sonae profit buoyed by one-off gains despite retail margin squeeze

    LISBON (Reuters) -Sonae, owner of Portugal's largest food retailer, on Thursday reported a 21% jump in fourth-quarter net profit as one-off capital gains more than offset the impact of high inflation and energy costs on its supermarkets business. The conglomerate, with businesses in sectors from retail to telecoms, made net profit of 132 million euros ($140 million) in the three months to Dec. 31 after booking 142 million euros in one-off capital gains, mainly from asset sales. The squeeze on margins from soaring inflation and energy costs meant net income at Sonae MC, which runs about 300 hypermarkets and supermarkets, fell 16% to 56 million euros, despite a 14% increase in sales to 1.68 billion euros.