Sonae - SGPS SA banner

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.

Sonae - SGPS SA Investor Relations

Address
Lugar do Espido Via Norte
Maia
Portugal

Business Segments

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

Non food retail

This part sells electronics, appliances, fashion, sports items, and other consumer products through retail chains and digital channels.

Customers and revenue model

Real estate

Description, customers and revenue model

Management

Ms. Maria Claudia Teixeira de Azevedo

CEO & Executive Director

Biography unavailable

Mr. Joao Pedro Magalhaes da Silva Torres Dolores

CFO & Executive Director

Biography unavailable

Mr. Joao Nonell Gunther Amaral

Chief Development Officer & Head of Human Resources and Director

Biography unavailable

Ricardo Figueiredo da Rocha

Head of Investor Relations

Biography unavailable

Célia da Conceição Azevedo das Neves Sá Miranda

Head of General Counsel & Corporate Governance and Company Secretary

Biography unavailable

Mr. Luis Miguel Mesquita Soares Moutinho

CEO of Sonae MC

Biography unavailable

Mr. Fernando María Guedes Machado Antunes de Oliveira

CEO of Sonae Sierra

Biography unavailable

Mr. Miguel Mota Freitas

Chief Executive Officer of Worten

Biography unavailable

Mr. Miguel Nuno Santos Almeida

Chief Executive Officer of NOS

Biography unavailable

Mr. David Graham Shenton Bain

Board & Corporate Governance Officer

Biography unavailable

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