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 |
| 2010 Sales (mil.) | £5,066.1 |
| 1-Year Sales Growth | (3.5%) |
| 2010 Net Income (mil.) | £170.9 |
| 1-Year Net Income Growth | 150.5% |
| 2010 Employees | 35,646 |
| 1-Year Employee Growth | (9.5%) |
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)
|
|---|---|
| CEO and Director | Duarte Paulo de Azevedo |
| CFO | Adriano Ribeiro |
Top Competitors from Hoover's UK
Top competitors of Sonae, SGPS, SA
There are 10 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
