ENXTLS:SONConsumer Retailing
Sonae SGPS (ENXTLS:SON) Stock Rebound Meets Durability And Valuation Doubts
The market came into this Sonae SGPS print already calm after a strong run, with the stock roughly flat over the past week and up modestly over one and three months. Today the real story sits in the income statement. Q2 basic earnings per share landed at €0.0386 on revenue of €2.851b, with net income of €75m. That is a clear profit step up from Q1 and from the weak finish to 2025, yet the share price reaction suggests investors are still arguing over how much of this improvement is...