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February 23, 2016

Sonae’s turnover grew significantly in 2015

Consolidated turnover for Sonae Indústria´s continuing operations reached Euro 1,027 million in 2015, representing an increase of 1.3% year-over-year, on a comparable basis.  This top line performance was driven by improvements in the average selling prices that increased by 1.5% when compared to 2014, as the sales volumes were kept flat year-over-year, the company stated in a press release. According to Sonae, the main contribution to the positive performance of average selling prices came from the improvements witnessed in sales mix, with a growing share of value added products ...

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