Lisbon, March 19, 2026 (Lusa) - Portuguese retail conglomerate, Sonae achieved a profit of €247 million in 2025, an 11% increase over the previous year, driven by business growth and improved operational efficiency.

Net profit attributable to shareholders surpassed the €223 million recorded in 2024, according to the company, which in a statement sent to the Portuguese Securities Market Commission, on Wednesday, indicated that consolidated turnover grew by 14% to €11.4 billion, “through organic expansion, strengthening of leadership positions, exploitation of synergies and strategic portfolio management”.

EBITDA (earnings before interest, taxes, depreciation, and amortisation) also rose by 18% to €1.2 billion, "reflecting business growth and operational efficiency gains," according to the company.

Sonae’s consolidated net debt fell by €102 million, according to the statement.

The group is proposing a dividend of 6.217 cents per share.

"2025 was an extraordinary year for Sonae, reinforcing our confidence that we are building a cohesive group of leading companies with the scale, capacity, ambition to create long-term economic and social value," said CEO Cláudia Azevedo.

Cláudia Azevedo added: "following a significant reconfiguration of Sonae’s portfolio last year, notably through major investments in Musti and Druni, our efforts in 2025 focused on the successful integration of these companies, and supporting all our businesses to continue thriving in their respective markets".

The CEO said that the group reached "historic highs, with turnover reaching €11.4 billion, up 14%, whilst underlying EBITDA grew by 24% to €1.12 billion, an improvement in the margin from 9.1% to 9.9%".

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