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SON Sonae SGPS SA

0.901
0.00 (0.00%)
21 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Sonae SGPS SA EU:SON Euronext Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.901 0.895 0.91 0.00 01:00:00

Portugal's Sonaecom 3Q Net Profit Sharply Up On Mobile Operations

03/11/2010 10:49pm

Dow Jones News


Sonae SGPS (EU:SON)
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From Jun 2019 to Jun 2024

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Portuguese telecommunications company Sonaecom SGPS S/A (SNC.LB) said Wednesday its third-quarter net profit jumped by almost eight-fold on the year on strong mobile operations.

The company said its third-quarter net profit grew to EUR10.1 million from EUR1.3 million over the same period a year earlier.

Revenue decreased slightly to EUR233.8 million in the third quarter from EUR235 million, while earnings before interest, taxes, depreciation and amortization, or Ebitda, climbed 10% to EUR49.5 million.

Sonaecom, controlled by Portuguese conglomerate Sonae SGPS SA (SON.LB), is a competitor of Portugal Telecom SGPS SA (PT) and Zon Multimedia SGPS SA (ZON.LB).

Company Web site: www.sonae.com

-Contributed by Webtexto to Dow Jones Newswires; +34-91-395 8120; enza.tedesco@dowjones.com

 
 

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