Sonae indebtedness increases again

In the first half of 2002, Sonae SGPS of Maia/Portugal generated sales of €3.084bn (Jan.-June 2001: €3.061bn). EBITDA rose to €276.8m (€245.7m). In contrast, the operating result remained slightly below last year’s figure at €59.2m (€63.4m). A negative financial result of -€121.4m (-€8.9m) led to a ...

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