Sonae - SGPS, SA informs on 9M18 Consolidated Results
(WorldNews Africa)

9 MONTHS RESULTS 2018 1 HIGHLIGHTS AND CEO`S MESSAGE o Sonae turnover continued to post a solid YTD growth, reaching EUR4,236 M, with a 7.0% growth when compared to 9M17 o Sonae underlying EBITDA stood at EUR233 M, +3.5% when compared to 9M17 o Sonae net income reached EUR200 M, +50% above last year, driven by a strong contribution from indirect income o Net debt and leverage ratios continued to decrease on a like-for-like basis "In the first nine months of 2018, Sonae continued to deliver a solid set of results across its portfolio of businesses. Consolidated turnover growth stood at 7% year-on-year, with positive contributions from all business units, and underlying EBITDA increased 3.5% to...