Q3 2019 Sonae SGPS SA Earnings Call Transcript
Welcome to Sonae's First 9 Months 2019 Results Conference Call. (Operator Instructions)
I will now hand the conference over to Mr. João Dolores. Please go ahead, sir.
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Hello. Good afternoon, everyone. And welcome, and thank you for attending Sonae's Results Conference Call for the third quarter of 2019. Together with me today, I have the CFOs of our businesses: Rui
Almeida, from Sonae MC; Paulo Simões from Worten; Miguel Moreira from Sonae Fashion; LuÃÂs Mota
Duarte from Sonae Sierra; and also our Investor Relations team.
I will start by giving you the performance highlights for each individual business, and then I will cover Sonae's consolidated figures for the quarter before opening up for Q&A.
Starting with Sonae MC. Sonae MC maintained very positive performance with strong top line growth, which equates to market share gains once again and sustained its level of profitability. In the quarter, turnover
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