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Jerónimo Martins

Portuguese trading company

Portuguese trading company

FieldValue
nameJerónimo Martins SGPS, S.A.
logoLogo Jerónimo Martins.svg
typeSociedade Anónima
traded_as
PSI-20 component
ISIN
industryRetail
foundation
founderJerónimo Martins
locationLisbon, Portugal
key_peoplePedro Soares dos Santos (CEO)
servicesFood Distribution:
revenue€33.464 billion (2024)
net_income€599 million (2024)
num_employees139,907 (2024)
homepage[www.jeronimomartins.com](https://www.jeronimomartins.com)

PSI-20 component Specialised Retail:

Jerónimo Martins SGPS, SA (JM) is a Portuguese corporate group that operates in food distribution and specialised retail. It operates more than 6,100 stores in Portugal, Poland, Slovakia and Colombia.

The group is the majority owner of Jerónimo Martins Retail (JMR), which operates the Pingo Doce super- and hypermarket chain in Portugal. JMR has been run as a 51%-49% joint venture with the Dutch firm Ahold Delhaize since 1982.

Jerónimo Martins is listed on Euronext Lisbon, under the code JMT, and is part of the PSI-20 index.

Operations

In Portugal, Jerónimo Martins operates the Pingo Doce chain of super- and hypermarkets as well as the Recheio chain of cash-and-carry stores.

The Group also operates in the specialized retail sector in Portugal. Jerónimo Martins owns the Jeronymo coffee shops and the Hussel chocolate and confectionery stores.

Until 2016, Jerónimo Martins had industrial facilities focused on the production of several Unilever brands. This was carried out through the joint venture company Unilever Jerónimo Martins, which was 45% owned by JM and 55% owned by Unilever.

Jerónimo Martins also owns Biedronka, the largest chain of discount stores in Poland. Also in Poland, the Group operates the health and beauty and cosmetic chain Hebe.

In 2013, Jerónimo Martins Group started its operations in Colombia with the opening of the first Ara stores as well as its first distribution centre.

Former operations

It once owned Lillywhites, a British company focused on sports goods (sold in 2002 to Sports World International); a stake in Eurocash, a cash-and-carry in Poland; and Supermercados Sé, a supermarket chain in Brazil (sold to Grupo Pão de Açúcar in 2002).

Key figures

YearSales (in million €)EBITDA (in million €)Net profit (in million €)
202433,4642,232 (1,622 excl. IFRS16)599
url=https://www.jeronimomartins.com/wp-content/uploads/com/2023/EN/ResultsFY2023.pdftitle=Results Presentation 2023access-date=9 October 2024}}30,6082,168756
url=https://www.jeronimomartins.com/wp-content/uploads/com/2022/EN/ResultsFY2022.pdftitle=Results Presentation 2022access-date=9 October 2024}}25,3851,854590
url=https://www.jeronimomartins.com/wp-content/uploads/com/2021/EN/Results2021FY.pdftitle=Results Presentation 2021access-date=9 March 2022}}20,8891,585463
url=https://www.jeronimomartins.com/wp-content/uploads/01-DOCUMENTS/Investor/Reports/AnnualReportJM2020.pdftitle=Annual report 2020access-date=9 March 2022}}19,2931,423312
url=https://www.jeronimomartins.com/wp-content/uploads/01-DOCUMENTS/Investor/Reports/AnnualReportJeronimoMartins2019.pdftitle=Annual report 2019access-date=9 March 2022}}18,6381,045433
url=https://www.jeronimomartins.com/wp-content/uploads/01-DOCUMENTS/Investor/Reports/AnnualReportJeronimoMartins2018.pdftitle=Annual report 2018access-date=9 March 2020}}17,337960401
url=https://www.jeronimomartins.com/wp-content/uploads/files%20to%20download/DOCUMENTOS%20IR/RELATORIO%20E%20CONTAS/2017/Annual-Report-Jeronimo-Martins-2017.pdftitle=Annual report 2017access-date=13 August 2018}}16,276922385
201614,622862593
url=https://www.jeronimomartins.com/wp-content/uploads/files%20to%20download/DOCUMENTOS%20IR/RELATORIO%20E%20CONTAS/2015/EN/annualreportjeronimomartins2015.pdftitle=Annual report 2015access-date=13 August 2018}}13,728800333
201412,680733302
url=https://www.jeronimomartins.com/wp-content/uploads/files%20to%20download/DOCUMENTOS%20IR/RELATORIO%20E%20CONTAS/2013/EN/rc_en_jm_2013.pdftitle=Annual report 2013access-date=13 August 2018}}11,829777382

References

References

  1. "Results Presentation 2024".
  2. "Celebrations in 2015 (Annual report 2015)". Jerónimo Martins.
  3. "Jeronimo Martins - Specialised Retail". Jerónimo Martins.
  4. "Dona do Pingo Doce compra totalidade da Monterroio". Dinheiro Vivo.
  5. "Jerónimo Martins Group starts operations in Colombia". Jerónimo Martins.
  6. Watts, Robert. (2 April 2006). "What's happened to Lillywhites?". [[The Daily Telegraph]].
  7. (7 February 2003). "International News - Jeronimo sells Eurocash". [[Retail Week]].
  8. (30 July 2002). "Venda de supermercados Sé confirma-se". [[TSF (radio).
  9. "Results Presentation 2023".
  10. "Results Presentation 2022".
  11. "Results Presentation 2021".
  12. "Annual report 2020".
  13. "Annual report 2019".
  14. "Annual report 2018".
  15. "Annual report 2017".
  16. "Annual report 2015".
  17. "Annual report 2013".
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