Profil:
Jeronimo Martins SGPS SAJeronimo Martins posts EUR 142 mln attributable net profit in Q2 2025, down 8.9 pct y/y
Portuguese Jeronimo Martins Group, the owner of Poland's largest retail chain Biedronka, posted an attributable net profit of EUR 142 million in the second quarter of 2025, down 8.9 percent year on year, the company's financial report showed.
Revenues increased by 9.6 percent to EUR 9.02 billion. The company's EBITDA amounted to EUR 620 million, up 3.8 percent year on year.
In the second quarter of 2025, Biedronka's revenues increased by 9.7 percent year on year in local currency to EUR 6.4 billion. LFL sales, on the other hand, rose by 5.3 percent. As Jeronimo Martins indicated in the report, this was a result of the Easter holidays.
Biedronka opened 81 shops in the first half of the year and remodelled 34 locations. At the end of the first half of the year, the Biedronka shop chain had 3,802 locations.
Jeronimo Martins' CAPEX in the first half of the year amounted to EUR 546 million against EUR 396 million a year ago.
Jeronimo Martins has maintained its forecasts for 2025, presented in March.
mcb/ ao/