PORTUGAL (Notifix).- Sonae Industria sales were again affected by the difficult situation in southern Europe reaching EUR 324 million in the 2Q-2013, a 5% drop compare with € 341 million in the 2Q-2013. EBITDA fell 16.7% in the 2Q-2013 totaling € 20 million.
Rui Correia, Sonae’s CEO commented, “During the second quarter of 2013, we have continued to face adverse trading
conditions in most of the regions where we have industrial presence. To mitigate these we continued to pursue the defined strategy of focusing in key markets, improving operational efficiencies and developing a competitive and integrated offer, with the on-going implementation of several strategic initiatives”.
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