Jerónimo Martins
Portuguese trading company From Wikipedia, the free encyclopedia
Jerónimo Martins SGPS, SA (JM) is a Portuguese corporate group that operates in food distribution and specialised retail. It operates more than 6,100 stores in Portugal, Poland, Slovakia and Colombia.[1]
 | |
| Company type | Sociedade Anónima |
|---|---|
| Euronext Lisbon: JMT
PSI-20 component | |
| ISIN | PTJMT0AE0001 |
| Industry | Retail |
| Founded | 1792 |
| Founder | Jerónimo Martins |
| Headquarters | Lisbon, Portugal |
Key people | Pedro Soares dos Santos (CEO) |
| Services | Food Distribution:
Specialised Retail:
|
| Revenue | €33.464 billion (2024)[1] |
| €599 million (2024)[1] | |
Number of employees | 139,907 (2024)[1] |
| Website | www.jeronimomartins.com |
The group is the majority owner of Jerónimo Martins Retail (JMR), which operates the Pingo Doce super- and hypermarket chain in Portugal. JMR has been run as a 51%-49% joint venture with the Dutch firm Ahold Delhaize since 1982.[2]
Jerónimo Martins is listed on Euronext Lisbon, under the code JMT, and is part of the PSI-20 index.
Operations
In Portugal, Jerónimo Martins operates the Pingo Doce chain of super- and hypermarkets as well as the Recheio chain of cash-and-carry stores.
The Group also operates in the specialized retail sector in Portugal. Jerónimo Martins owns the Jeronymo coffee shops and the Hussel chocolate and confectionery stores.[3]
Until 2016, Jerónimo Martins had industrial facilities focused on the production of several Unilever brands. This was carried out through the joint venture company Unilever Jerónimo Martins, which was 45% owned by JM and 55% owned by Unilever.[4]
Jerónimo Martins also owns Biedronka, the largest chain of discount stores in Poland. Also in Poland, the Group operates the health and beauty and cosmetic chain Hebe.[3]
In 2013, Jerónimo Martins Group started its operations in Colombia with the opening of the first Ara stores as well as its first distribution centre.[5]
Former operations
It once owned Lillywhites, a British company focused on sports goods (sold in 2002 to Sports World International);[6] a stake in Eurocash, a cash-and-carry in Poland;[7] and Supermercados Sé, a supermarket chain in Brazil (sold to Grupo Pão de Açúcar in 2002).[8]
Key figures
| Year | Sales (in million €) | EBITDA (in million €) | Net profit (in million €) |
|---|---|---|---|
| 2024[1] | 33,464 | 2,232 (1,622 excl. IFRS16) | 599 |
| 2023[9] | 30,608 | 2,168 | 756 |
| 2022[10] | 25,385 | 1,854 | 590 |
| 2021[11] | 20,889 | 1,585 | 463 |
| 2020[12] | 19,293 | 1,423 | 312 |
| 2019[13] | 18,638 | 1,045 | 433 |
| 2018[14] | 17,337 | 960 | 401 |
| 2017[15] | 16,276 | 922 | 385 |
| 2016[15] | 14,622 | 862 | 593 |
| 2015[16] | 13,728 | 800 | 333 |
| 2014[16] | 12,680 | 733 | 302 |
| 2013[17] | 11,829 | 777 | 382 |
See also
References
External links
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