May 06, 2006. /Lesprom Network/. Portuguese investment bank Millennium bcp investimento (BCPI) kept unchanged its "reduce" stock recommendation on local wood products manufacturer Sonae Industria, after it posted first quarter 2006 earnings results on May 4, 2006. BCPI confirmed also Sonae Industria's price target of Euro 7.5 per share. Sonae Industria first quarter 2006 profit marked a decline to some Euro 2.0 million from a profit of Euro 15 million in the same period a year ago. According to BCPI, Sonae Industria's results were affected by the rising oil prices, but the company continues its growth and improvement.