Sonae, Sgps, S.A. Reports Earnings Results for the Second Quarter Ended June 30, 2020
Sonae, SGPS, S.A. Announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was EUR 1,584 million compared to EUR 1,511 million a year ago. Net loss was EUR 16 million compared to net income of EUR 20 million a year ago. For the half year, sales was EUR 3,136 million compared to EUR 2,960 million a year ago. Net loss was EUR 75 million compared to net income of EUR 38 million a year ago.