Difficult second quarter for Sonae

PORTUGAL (Notifix).- With a fall of 1.7% compared to 2Q-2011, Sonae sales for the 2Q-2012 reached EUR 350 million. EBITDA decreased from EUR 34 million in the 2Q-1011 to EUR 22 million in the same period of 2012 a 35% drop. Total sales for the first half of 2012 reached EUR 712 million an increase of 1.7% compared to EUR 708 million in the same period 2011. EBITDA improved slightly to EUR 52 million compared to EUR 5 million in the first half of 2011.

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