Sonae, SGPS, SA
4471-909 Maia, Portugal (Map) Phone: +351-22-948-7522
Fax: +351-22-948-7722
http://www.sonae.pt
Overview
Sonae's business started in the 1950s in Portugal, making laminated wood paneling for use in construction. In the 1980s it began to diversify through the acquisition of a supermarket chain and the development of hypermarkets. Today, the Portuguese conglomerate is the country's #1 retailer and operates under the Continente (hypermarkets), Modelo and Modelo Bonjour (supermarkets) banners, among numerous others. It is also invested in wireless and fixed communication systems and services, Internet services, shopping center development and operation, insurance, and tourism in 16 countries. In late 2005 Sonae sold its supermarket business in Brazil, which included 140 stores, to Wal-Mart for about $757 million.
Sample OverviewKey Numbers from Hoover's UK
Key financials for Sonae, SGPS, SA
| Company Type | Public (Euronext Lisbon: SON) |
|---|---|
| Fiscal Year-End | December |
| 2008 Sales (mil.) | £5,210.7 |
| 1-Year Sales Growth | 16.0% |
| 2008 Net Income (mil.) | £77.9 |
| 1-Year Net Income Growth | (73.0%) |
Key People from Hoover's UK
Key people and executives for Sonae, SGPS, SA
| Chairman | Belmiro Mendes de Azevedo (Subscribers see complete biographies -- view sample)
Connect to this executive |
|---|---|
| CEO and Director | Duarte Paulo de Azevedo Connect to this executive |
| CFO | Adriano Ribeiro Connect to this executive |
Top Competitors from Hoover's UK
Top competitors of Sonae, SGPS, SA
There are 9 competitors for Sonae; see more.Industry Information from Hoover's UK
First Research Industry Profiles Extensive Industry Intelligence
Hoover's Industries
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Retail
- Grocery Retail(primary)
Subsidiaries/Affiliates Covered By Hoover's UK
Subsidiaries/affiliates of Sonae, SGPS, SA
