CaixaBank/BPI expects Sonae to have “very solid” sales with Christmas consumption

Portuguese consumption at Christmas and New Year is a “positive indicator” for Sonae’s accounts, according to CaixaBank/BPI. In a “research” note sent this Friday to customers, to which Negócios had access, analysts point to a “very solid” performance of the retailer’s sales.

The latest data from SIBS Analytics reveal that consumption in Portugal in December 2021 recovered compared to previous years, with an increase in the value …

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