Portuguese retail group Jerónimo Martins has announced its H1 figures, posting an 8.7% increase in sales, totalling €8.4 billion across the group.
Every banner, from Pingo Doce in Portugal to Ara in Colombia and Biedronka and Hebe in Poland, has seen strong growth in their sales. The strongest growth comes from Colombia, where Ara saw a 53.2% increase in sales and the opening of 50 new stores, bringing the total to 439. The group also indicated that a distribution centre in the final stages of construction in Bogotà will be operational in Q3.
Biedronka, the Polish banner of the group which is set to have around 3,050 stores in Poland by 2020, also posted strong figures, with its sales growing 8.6% and a gain of 2 points in market share.
