During this 3rd quarter, in which the
business portfolio is now comparable to the same period of last year, we
continued to grow at a healthy trend (4.8%) in aggregated terms, thanks to the
positive contribution from all our main activities, particularly from our
various retail businesses, which grew by 5.1%.
This performance was equally positive in
terms of profitability, with aggregated EBITDA growing by 10% when compared
with the same period of 2016, and at the same time strengthening competitive
positions without compromising the quality of our value proposals as once again
highlighted by the recognition in another DECO study showing we are the retailer
offering the lowest prices in the Portuguese market.
In a quarter in which investment was kept at
high levels, we continued to reinforce capital structure through lowered debt,
increased maturity and improved financing conditions.Ângelo Paupério,