- Sonae reported a net income of EUR 149 million for the first nine months of 2024, marking a 10% increase year-over-year compared to EUR 135 million.
- The company’s revenue reached EUR 6.97 billion, up by 15% from the previous year.
- EBITDA showed significant growth, rising by 22% to EUR 706 million.
- The strong turnover was largely attributed to the robust performance in the retail sector.
- Sonae’s acquisition of Musti and Druni contributed positively to the company’s portfolio and overall results.
- Investor sentiment is positive with current market analysis showing 7 buy ratings, 1 hold, and no sells for Sonae.
A look at Sonae SGPS SA Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 4 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, Sonae SGPS SA is positioned for a positive long-term outlook. With strong scores in value, dividend, growth, and momentum, the company shows promise across multiple key factors. Sonae SGPS SA‘s solid value score indicates that it is attractively priced in the market, while its dividend and growth scores suggest potential for stable returns and expansion. Furthermore, the high momentum score reflects a positive trend in the company’s performance.
Despite a slightly lower score for resilience, Sonae SGPS SA‘s overall outlook appears favorable. As a retail company with a diverse portfolio including food and non-food retail stores, sports goods, apparel, consumer electronics, shopping centers, and telecommunications, Sonae SGPS SA is well-positioned to benefit from consumer spending across various sectors in the long run.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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