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 through many subsidiaries at home and in and Brazil, including the Continente and the Modelo Continente retail banners. It is also invested in wireless and fixed communication systems and services, Internet services, shopping center development and operation, and tourism. In late 2005 Sonae sold its supermarket business in Brazil, which included 140 stores, to US retail giant 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 |
| 2006 Sales (mil.) | £2,951.9 |
| 1-Year Sales Growth | (23.6%) |
| 2006 Net Income (mil.) | £228.1 |
| 1-Year Net Income Growth | (41.8%) |
| 2006 Employees | 30,000 |
| 1-Year Employee Growth | (7.4%) |
Key People from Hoover's UK
Key people and executives for Sonae, SGPS, SA
| Chairman, President, and CEO | Belmiro Mendes de Azevedo (Subscribers see complete biographies -- view sample)
Connect to this executive |
|---|---|
| Vice Executive Chairman and CFO | Ângelo Gabriel Paupério Connect to this executive |
| Corporate Communication | Cristina Carneiro 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
-
Retail
- Grocery Retail (primary)
Subsidiaries/Affiliates Covered By Hoover's UK
Subsidiaries/affiliates of Sonae, SGPS, SA
