Sonae, SGPS Income Statement

Financials in millions EUR. Fiscal year is January - December.

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	11,144	9,947	8,399	7,693	6,965	6,673
Other Revenue	109.07	135.33	106.45	140.83	159.7	105.73
Revenue	11,253	10,082	8,506	7,834	7,124	6,778
Revenue Growth (YoY)	18.87%	18.54%	8.58%	9.96%	5.11%	4.79%
Cost of Revenue	8,467	7,597	6,469	5,990	5,421	5,175
Gross Profit	2,785	2,485	2,037	1,844	1,704	1,604
Selling, General & Admin	1,701	1,548	1,292	1,143	1,018	998.75
Other Operating Expenses	61.21	66.01	59.98	41.7	38.78	47.56
Operating Expenses	2,345	2,117	1,740	1,537	1,391	1,393
Operating Income	440.12	368.03	297.42	306.98	313.03	210.6
Interest Expense	-195.69	-193.67	-140.26	-99.71	-105.35	-103.81
Interest & Investment Income	11.71	15.61	15.13	17.16	13.85	3.82
Earnings From Equity Investments	181.27	162.04	350.3	197.75	100.57	-3.64
Currency Exchange Gain (Loss)	-0.99	-2.18	2.24	-3.31	-6.16	-5.56
Other Non Operating Income (Expenses)	0.95	2.14	3.91	13.81	16.34	-11.65
EBT Excluding Unusual Items	437.36	351.96	528.75	432.69	332.27	89.76
Impairment of Goodwill	-8.73	-8.73	-28.73	-25.06	-7.44	-9.42
Gain (Loss) on Sale of Assets	-2.24	2.47	-0.85	-1.88	-1.84	-3.02
Asset Writedown	-15.55	-15.9	-53.69	-42.63	-17.81	-42.44
Other Unusual Items	-	-	-	-	3.83	13.14
Pretax Income	410.84	329.8	445.48	363.12	309.02	48.02
Income Tax Expense	53.53	43.77	9.51	13.52	27	1.25
Earnings From Continuing Operations	357.31	286.03	435.96	349.6	282.02	46.77
Earnings From Discontinued Operations	-	-	-13.06	45.74	34.21	4.3
Net Income to Company	357.31	286.03	422.9	395.34	316.23	51.06
Minority Interest in Earnings	-80.05	-63.36	-65.84	-59.8	-48.75	19.88
Net Income	277.26	222.67	357.06	335.55	267.48	70.94
Net Income to Common	277.26	222.67	357.06	335.55	267.48	70.94
Net Income Growth	-24.47%	-37.64%	6.41%	25.45%	277.02%	-57.20%
Shares Outstanding (Basic)	1,946	1,936	1,927	1,919	1,919	1,910
Shares Outstanding (Diluted)	1,964	1,952	1,942	1,934	1,934	1,923
Shares Change (YoY)	1.05%	0.51%	0.42%	-	0.59%	-5.52%
EPS (Basic)	0.14	0.12	0.19	0.17	0.14	0.04
EPS (Diluted)	0.14	0.11	0.18	0.17	0.14	0.04
EPS Growth	-25.27%	-37.96%	5.97%	24.59%	277.38%	-55.71%
Free Cash Flow	644.12	487.16	255.71	326.03	381.84	290.84
Free Cash Flow Per Share	0.33	0.25	0.13	0.17	0.20	0.15
Dividend Per Share	0.059	0.059	0.056	0.054	0.051	0.049
Dividend Growth	5.00%	5.00%	5.01%	5.09%	5.14%	4.97%
Gross Margin	24.75%	24.65%	23.95%	23.53%	23.91%	23.66%
Operating Margin	3.91%	3.65%	3.50%	3.92%	4.39%	3.11%
Profit Margin	2.46%	2.21%	4.20%	4.28%	3.75%	1.05%
Free Cash Flow Margin	5.72%	4.83%	3.01%	4.16%	5.36%	4.29%
EBITDA	507.7	597.36	480.97	485.28	486.34	384.07
EBITDA Margin	4.51%	5.92%	5.66%	6.19%	6.83%	5.67%
D&A For EBITDA	67.58	229.33	183.56	178.3	173.31	173.47
EBIT	440.12	368.03	297.42	306.98	313.03	210.6
EBIT Margin	3.91%	3.65%	3.50%	3.92%	4.39%	3.11%
Effective Tax Rate	13.03%	13.27%	2.14%	3.72%	8.74%	2.61%
Advertising Expenses	-	-	-	108.24	101.59	89.04

Source: S&P Global Market Intelligence. Standard template. Financial Sources.