Sonae, a Portuguese-based multinational managing a diversified portfolio of businesses across retail, real estate, telecommunications, technology and innovation, achieved record turnover of €11.4 billion in 2025, growing 14.2% year-on-year. This performance reflects the solid growth of its retail businesses and investment in acquisitions over the past two years.
Due to the Group’s growth, significant operational efficiency gains, and investment in expanding its global portfolio, underlying EBITDA reached €1.1 billion, a 23.6% increase compared to 2024. Total EBITDA rose 17.6% to €1.2 billion, and net result attributable to shareholders increased 11% to €247 million. Sonae’s share price delivered a strong performance, rising 76% in 2025.
Cláudia Azevedo, CEO of Sonae, states: “We are confident in the strength of our portfolio, which is well-positioned for long-term value creation. It is balanced both geographically and across sectors, with all businesses holding relevant market positions and strong value propositions, benefiting from exposure to markets with solid structural tailwinds. We look to the future with confidence and optimism.”
In the retail sector, Sonae Group’s brands hold leading positions in their respective segments across several European markets, operating a network of more than 2,500 owned stores, with 128 new stores opened last year. In food retail, MC is the market leader in Portugal through the Continente brand, operating hypermarket, supermarket and convenience formats.
In the health and beauty segment, the Group is a market leader in Spain through Druni and Arenal, a 50/50 partnership between MC and the Casp family, and in Portugal through Wells. In electronics retail, Sonae owns Worten, the market leader in Portugal, with operations in Spain, as well as in several countries through its services and repair company iServices. In fashion retail, the Group owns Salsa, a denim specialist present in around 50 countries.