Sonae SGPS SA (STU:YSON)
€ 0.862 -0.016 (-1.82%) Market Cap: 1.75 Bil Enterprise Value: 5.86 Bil PE Ratio: 4.84 PB Ratio: 0.60 GF Score: 88/100
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Q1 2019 Sonae SGPS SA Earnings Call Transcript

May 16, 2019 / 02:00PM GMT
Release Date Price: €0.92 (+1.10%)
Operator

Good afternoon, ladies and gentlemen. Thank you for standing by, and welcome to Sonae's First Quarter 2019 Results. (Operator Instructions)

I must advise you this webcast is being recorded today, Thursday, the 16th of May, 2019.

I'd now like to hand the webcast over to your presenter today, João Dolores. Please go ahead.

JoÃ;o Pedro Magalhaes Da Silva Torres Dolores
Sonae, SGPS, S.A. - CFO & Director

£ -

Hello, good afternoon, everyone. First of all, apologies for this delay, but there seems to be having a technical problem. And thank you all for attending Sonae's Q1 '19 Results Conference Call. Together with me today, we have the following CFOs of our businesses: Rui Almeida from Sonae MC; Miguel Ãguas from Worten; Miguel Mota Freitas from Sonae Fashion; Carlos Silva from Sonae Investment Management and also our Investor Relations team.

As always and before the results of the review, I would like to make a couple of remarks. First of all, as you know, from this quarter onwards, our reporting structure includes

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