Jerónimo Martins expresses confidence in 2026 results
CEO Pedro Soares do Santos highlights team execution, competitiveness, operating discipline, and financial strength during the group's nine-month review.
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International food distribution, specialised retail, and agribusiness group
jeronimomartins.comLast updated
In short: Jerónimo Martins posted €18.3bn H1 sales but lower profit amid cautious consumers and disaster-relief donations.
CEO Pedro Soares do Santos highlights team execution, competitiveness, operating discipline, and financial strength during the group's nine-month review.
Sales grew 4.8% to €27.8 bn and EBITDA increased 7.6%. Net profit reached €414 mn despite challenges in Poland and Colombia.
The support includes food, social infrastructure rebuilding, and assistance for affected employees, alongside 200 tonnes of previously donated essentials.
EBITDA rose 7.6% to €1.2 billion driven by volume growth despite basket deflation in Poland and a cash flow of minus €332 million.
Owner of Portuguese chains Pingo Doce and Continente and Polish Biedronka consolidated sales of 27.8 billion euros between January and September.
Jeronimo Martins (ISIN PTJMT0AE0001) was last at EUR 17.92 in Stuttgart on September 25, 2026, versus a prior close of EUR 17.88. Markets Insider reported...
EBITDA rose by 7.6 percent to EUR 1.2 billion in the first half of 2026, the margin reached 6.8 pr...
The investment bank also revised upwards the target price for the shares to 21.00 euros, against the previous 18.00 - conferring an appreciation potential...
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