Reuters logo
4 months ago
BRIEF-Portugal retailer Sonae's 2016 net profit up 23 pct, above forecast
March 16, 2017 / 7:46 AM / 4 months ago

BRIEF-Portugal retailer Sonae's 2016 net profit up 23 pct, above forecast

1 Min Read

March 16 (Reuters) - Portugal's largest retailer Sonae says in a statement:

* 2016 net profit up 23 percent at 215 million euros ($230.57 million)

* Revenues up 7 percent at 5.38 billion euros

* Underlying EBITDA drops 3 percent to 320 million euros

* Overall EBITDA rises 6 percent to 416 million euros

* Analysts in a Reuters survey expected, on average, a net profit of 180 million, underlying EBITDA of 316 million and revenues of 5.38 billion euros.Source text for Eikon: here company coverage: ($1 = 0.9325 euros) (Reporting by Andrei Khalip)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below