Jeronimo Martins

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Editor's choice: the highlights on just-food last week

7 Nov 2011

It's financial results season this week, with Kraft and Tate & Lyle performing strongly, while Chiquita and Whole Foods faltered. Diamond Foods' deal to buy Pringles from Procter & Gamble was delayed, prompting consternation among stockholders, and Portuguese retailer Jeronimo Martins announced extensive investments in Latin America. Click on the headlines for more.

PORTUGAL: Jeronimo Martins to invest EUR400m in Colombia

2 Nov 2011

Jeronimo Martins is set to invest EUR400m (US$551.1m) in Colombia with its first stores due to open next year.

Editor's choice: the highlights on just-food last week

31 Oct 2011

We had this week that M&A activity in the food industry - at least in the UK - had slowed in the third quarter of the year but the final three months has seen deal-making return to the headlines with Hain Celestial's takeover of Daniels Group and rumours around the future of Greencore. Click on the headlines for more.

PORTUGAL: Jeronimo Martins to enter Colombia

27 Oct 2011

Jeronimo Martins has today (27 October) confirmed it plans to enter Colombia, which will be the third market for the Portugal-based retailer.

POLAND: Jeronimo Martins' Eurocash to go ahead with Emperia deal

27 Oct 2011

Eurocash, the Polish cash-and-carry unit of Portuguese retailer Jeronimo Martins, has been given the green light to buy eight supermarkets and wholesale chains from local firm Emperia Holding.

PORTUGAL: Jeronimo Martins yet to decide on next overseas market

27 Sep 2011

Jeronimo Martins has insisted it is yet to decide on which overseas market it will expand into next amid reports linking the Portuguese retailer with a move into Colombia.

POLAND: Jeronimo Martins eyes Marcpol and Emperia

19 Sep 2011

Jeronimo Martins' is looking to expand its Polish operations by acquiring sites from local rivals.

PORTUGAL: Jeronimo Martins shares fall despite H1 profit growth

27 Jul 2011

Shares in Portuguese retailer Jeronimo Martins have fallen today (27 July), despite first-half net profit increasing dramatically.

PORTUGAL: Jeronimo Martins Q1 growth driven by Poland

4 May 2011

Portuguese retailer Jeronimo Martins recorded an increase in net profit over the first quarter, with growth driven by its Polish division.

PORTUGAL: Jeronimo Martins focuses investment on Poland

21 Feb 2011

Jeronimo Martins has insisted that its focus for near-term investment and expansion will remain firmly on Poland, even as it considers new markets with a view to entry in 2012.

PORTUGAL: Jeronimo Martins profits jump 40%, outlook "positive"

18 Feb 2011

Portuguese supermarket group Jeronimo Martins booked a 40% increase in net profit for 2010.

PORTUGAL: Biedronka chain gives Jeronimo Martins sales extra Polish

12 Jan 2011

Portugal-based retailer Jeronimo Martins saw sales rise almost 19% in 2010, boosted by its fast-growing Polish retail chain Biedronka.

BRICs and beyond: Why Zabka is a target for retail giants

17 Dec 2010

A sale by Slovak financial group Penta of Polish retail chain Zabka looks like it could be reaching the final stages following months of speculation over a possible deal.

PORTUGAL: Jeronimo Martins plans aggressive growth in Poland

11 Nov 2010

Portuguese retailer Jeronimo Martins revealed plans to open some 700 Biedronka outlets in Poland by the end of 2013.

just the facts - Poland's food retail sector

29 Oct 2010

With Carrefour expanding its store network and Jeronimo Martins enjoying buoyant sales, we present ten quick facts about Poland's food retail sector.

PORTUGAL: Profit jump boosts Jeronimo Martins shares

28 Oct 2010

Shares in Portugal-based retailer Jeronimo Martins jumped today (28 October) after the company booked a 40% rise in third-quarter profits.

EUROPE: Food retail sector set for consolidation - analyst

12 Oct 2010

Europe's food retail industry is set to see the return of mergers and acquisitions, analysts at J.P.Morgan Cazenove said today (12 October) as they started their coverage of the sector.

POLAND: Jeronimo Martins outlines Poland expansion plans

23 Jun 2010

Jeronimo Martins has confirmed that it is to expand its Biedronka chain in Poland.

PORTUGAL: Jeronimo Martins sees Q1 profits jump 30%

28 Apr 2010

Portugal-based retailer Jeronimo Martins this morning (28 April) reported a 30% rise in first-quarter profits after enjoying strong like-for-like sales at home and in its overseas market, Poland.

PORTUGAL: Jeronimo Martins profits leap on value offer

3 Mar 2010

Portugal's largest retailer Jeronimo Martins said today (3 March) that its full-year profits increased by almost a quarter, after booking a 47.5% jump in fourth-quarter earnings.

GERMANY: Tengelmann sells Plus stores to Lidl

19 Feb 2010

German retailer Tengelmann has agreed to sell over 100 Plus stores across Bulgaria and Romania to Lidl.

PORTUGAL: Jeronimo Martins to rebrand Feira Nova stores

17 Feb 2010

Portuguese retailer Jeronimo Martins is to rebrand its Feira Nova hypermarkets under the Pingo Doce banner.

PORTUGAL: Jeronimo Martins sees FY sales jump

15 Jan 2010

Portuguese retailer Jeronimo Martins said today (15 January) that its sales rose 6% in 2009, boosted by a strong fourth quarter performance and expansion in Poland.

POLAND: Leclerc gets OK for Billa stores

5 Jan 2010

French retailer Leclerc has received regulatory approval from Poland's competition authority to complete its acquisition of 25 Billa Polska stores from Germany's Rewe.

PORTUGAL: Jeronimo Martins outlines capex plans

10 Nov 2009

Jeronimo Martins, the operator of stores in Portugal and Poland, is to invest EUR1.3bn (US$1.95bn) in its business over the next three years.

PORTUGAL: Revamp of stores helps J Martins

29 Oct 2009

Jeronimo Martins has posted a 5.8% rise in net revenue for the first nine months of the year, boosted by improved sales at the company's newly opened or revamped stores.

INSIGHT: Jeronimo Martins confident on Polish market

27 Jul 2009

Jeronimo Martins has said that it is “comfortable” with the competitive environment in Poland, where the Portuguese retailer generates about half its sales.

PORTUGAL: J Martins profits up on sales, margins

27 Jul 2009

Jeronimo Martins posted a 12.5% jump in net income to EUR73m (US$104m) during the first half of the year, boosted by strong sales gains and improved margins, the Portuguese retailer said today (27 July).

POLAND: Expanding Jeronimo Martins mum on Carrefour

22 Jun 2009

Jeronimo Martins has reiterated plans to open more stores in Poland this year - but has refused to be drawn on reports that it is looking to buy 20 outlets from Carrefour.

PORTUGAL: Jeronimo posts drop in Q4 profits

6 Mar 2009

Portuguese retailer Jeronimo Martins posted a 3.5% drop in fourth-quarter net profit today (6 March), hurt by a rise in costs.


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