Sonae CEO Cláudia Azevedo and CFO João Dolores addressed the potential impact of the Middle East conflict on food prices, noting that while inflation is currently controlled, the geopolitical situation remains a major uncertainty. The group reported a strong 2025 performance with a 14% increase in turnover, while highlighting a shift in consumer behaviour towards private-label products, which now account for one-third of Continente's sales. Additionally, the company announced a €100 million investment in built-to-rent housing projects in Portugal and Spain.