Growing retail sales in Portugal and Poland has boosted first-half profits at Jerónimo Martins.

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more


The Portugal-based food group today (26 July) posted a 9.2% rise in net profit to EUR142m (US$195m) for the first half of the year. Turnover jumped 19.3% to EUR2.4bn.


The company’s Polish chain, Biedronka, posted like-for-like sales growth of 19.2%; sales from its Pingo Doce stores in Portugal rose by 9%.


Jerónimo Martins said it plans to continue its expansion plans in the second half of 2007, opening 9 supermarkets and 3-5 hypermarkets in Portugal, as well as 63 supermarkets in Poland.


Meanwhile, the company saw sales from its manufacturing business rise by 2.6%, it said.

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 - The Benefits of Entering

Gain the recognition you deserve! The Just Food Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving food industry advancements. Don’t miss your chance to stand out—submit your entry today!

Nominate Now