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.
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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.
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