Food retail
This part of the business sells everyday groceries and household items through supermarkets, hypermarkets, and convenience stores in Portugal.
Customers and revenue model
S
Sonae - SGPS SA
ELI:SON
Sonae - SGPS SA
ELI:SON
Price:
2.11
EUR
0.24%
Market Closed
Market Cap:
€4.2B
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Company Overview
Business Description
- Sector
- Consumer Staples
- Industry
- Retail
- Headquarters
- Portugal PT
- Employees
- 36 280
- IPO date
- Jan 13, 1994
Sonae is a Portuguese holding company that owns and runs a mix of retail, consumer, and property businesses. Its best-known activities are food retail, electronics and home goods retail, and shopping-centre ownership and management. In simple terms, it sits behind stores and real estate assets that serve everyday shoppers and other retail tenants.
The company makes money in two main ways. First, its retail businesses sell groceries, household items, electronics, and related products directly to consumers through store networks and online channels. Second, its property arm earns income from owning and managing retail real estate, collecting rent and service fees from tenants.
What makes Sonae’s business model different is that it combines store-based retail with real estate tied to retail demand. That gives it exposure both to consumer spending and to the value of well-located shopping assets. Its main customers are everyday shoppers, while its property customers are retailers that lease space in its centres and stores.
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