Portuguese retailer Jeronimo Martins has said preliminary figures show its first-half same-store sales were €1.6bn (US$1.8bn), up 2.5% year-on-year.


Total sales in the first half were €1.65bn, down 16% from the year-ago period.


The company’s Pingo Doce unit posted a 5.4% increase in total sales and 4% rise in like-for-like sales.


Polish unit Biedronka posted like-for-like growth of 12.4%. Total turnover, in local currency terms, rose 15.1%, although this was offset by the depreciation of the zloty against the euro.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Food Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now