Get the app today! Download iPhone App Download Android App

Portugal's Jerónimo Martins Sees 7.5% Growth In Annual Sales

Published on Jan 17 2020 8:20 AM in Retail tagged: Trending Posts / Portugal / Pingo Doce / Recheio / Biedronka / Ara / Paywall / Hebe / Grupo Jerónimo Martins

Portugal's Jerónimo Martins Sees 7.5% Growth In Annual Sales

Portuguese retail group Jerónimo Martins has reported 7.5% growth in consolidated sales in its financial year 2019, to €18.6 billion.

The retailer posted like-for-like sales growth of 5.3% during this period.

It benefited from low food inflation of 0.3% in Portugal and a favourable consumer environment, particularly in Poland and Colombia, it said. 

please subscribe or sign in to continue reading

image description

Try European Supermarket Magazine PREMIUM – 30 Day FREE Trial.

A trial subscription gives unrestricted access to all premium site content, app content, weekly email content and European Supermarket Magazine digital edition for a full 30 days. Try it now!

Share on Facebook Share on Twitter Share on LinkedIn Share via Email