×
147
Fashion Jobs
NIKE
India Sports Marketing Manager
Permanent · Bengaluru
NIKE
Senior Dynamic Application Security Tester – Cis, Icc, India
Permanent · Bengaluru
NIKE
Lead Technical Product Manager – p&m, Icc, India
Permanent · Bengaluru
NIKE
Lead Product Manager, India – ed&a Icc
Permanent · Bengaluru
PVH
Manager, Business Solutions
Permanent · Bengaluru
NIKE
Senior Product Manager - Enterprise Service Management (Esm), India – Tech Ops Icc
Permanent · Bengaluru
NIKE
Identity And Access Management (Iam) Security Operations Engineer, India – Cis Icc
Permanent · Bengaluru
NIKE
Expert Security Incident Coordinator, India – Cis Icc
Permanent · Bengaluru
NIKE
Senior Security Engineer, India – Cis Icc
Permanent · Bengaluru
NIKE
Talent Acquisition Coordinator – India, Icc
Permanent · Bengaluru
SS HOMME - SARAH & SANDEEP
Marketing And PR Intern
Internship · MUMBAI
TARAMA
Graphic Designer
Internship · MUMBAI
MASAR GROUP
IT Support
Permanent · DUBAI
NIKE
Sap Security Engineer – Sec Tech, Icc, India
Permanent · Bengaluru
TLM CONSULTANCY
Merchandising Assistant
Internship · MUMBAI
NIYOSSHIC LUXURY CONSULTANCY
Social Media Intern
Internship · MUMBAI
NIYOSSHIC LUXURY CONSULTANCY
PR Assistant
Internship · MUMBAI
NIKE
Senior Dev Ops Engineer – Sec Tech, Icc, India
Permanent · Bengaluru
OUTHOUSE JEWELLERY
Communication Designer
Permanent · MUMBAI
OUTHOUSE JEWELLERY
Store Manager
Permanent · NEW DELHI
NIKE
Senior Sap Application Engineer- Sec Tech, Icc - India
Permanent · Bengaluru
MAC
Make up Artist - Mac - Nykaa Pacific Rajori
Permanent · Delhi
By
Reuters
Published
Jan 21, 2015
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Sonae sales edge up in 2014 as Portugal on better footing

By
Reuters
Published
Jan 21, 2015

LISBON, Portugal - Portugal's largest retailer, Sonae, posted on Wednesday a near 3 percent rise in preliminary sales for last year, helped by the country's return to economic growth after a deep recession, despite tough price competition.

Sonae, which operates Continente hypermarkets, consumer electronics stores Worten and SportZone outlets of sporting goods, among other brands, said its sales rose to 4.75 billion euros ($5.5 billion) and it reinforced its market share in Portugal.


While its food retail networks sold 1.3 percent more than in 2013, reaching 3.46 billion euros, its non-food retail division churned out a 6.6 percent increase to 1.29 billion euros with sales rising in Portugal and abroad.

"2014 revealed more consistent signs of the inversion of the economic crisis of the past few years, with notable recovery in confidence of households in the Iberian Peninsula that had a visible impact on consumption," it said.

Sonae competes at home against Portuguese group Jeronimo Martins, Spain's Dia, Germany's Lidl and France's Auchan. Jeronimo Martins posted on Jan. 13 a 7.2 percent increase in net sales for last year, driven by its Polish unit Biedronka, which is the leading food retailer in the eastern European country.

Sonae is due to report 2014 earnings on March 11.

€1 = $1.16/£0.77

© Thomson Reuters 2021 All rights reserved.

Tags :
Others
Retail