Galp profits soar 68% in first half of 2018
Galp Energia reported profits of €387 million in the first half of 2018, up 68% on the same period in 2017. The improved results are down to increased production and an increase in petrol prices. [...]
First crowdfunding manager listed on Market Commission
Raizecrowd, a Portuguese fintech crowdfunding startup has been the first entity of its kind in Portugal to be registered on Portugal’s securities market commission CMVM. The fund is now [...]
Construction giant Teixeira Duarte registers losses for 2017
Shareholders for Teixeira Duarte have approved board of directors results of €-15.36million for the financial year 2017. The negative results of €15,359,540,30 have been sent to the [...]
Sonae profits double to €21 million
Portuguese multinational Sonae’s profits more than doubled from €9 million to €21 million in the first quarter of 2018 compared to the same period in 2017. The 8.7% increase is largely down to [...]
José de Mello Saúde profits down 4.6% in 2017
Profits at private health care provider José de Mello Saúde fell 4.6% to €22.8 million in 2017. Strong investment that year coupled with an increase in financial costs led to poorer [...]
Cork giant paying dividends
Portugal’s cork giant Amorim has voted to pay a dividend of 18.5 cents per share to shareholders. The decision was agreed at the recent company’s General Shareholders Meeting and announced on [...]
