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Jerónimo Martins distinguished in the Euronext Lisbon Awards

Group wins Portuguese Stock Exchange Award in the Equity Champion Blue Chip category

Euronext Lisbon presented awards to players in the stock market in 2019 at a ceremony which, as is the norm, was held right at the beginning of the New Year.

Jerónimo Martins won the award in the main category, after its shares  achieved  annual gains of 41.8% at the end of 2019. The award was presented to Ana Luísa Virgínia, Chief Financial Officer of the Group.

On the occasion, Filipa Franco, Head of Listing at Euronext Lisbon, emphasised that the “presentation of the Euronext Lisbon Award, Equity Champion – awarded to the listed company with the highest gains the previous year – to Jerónimo Martins is particularly appropriate. In fact, it was also in 2019 that the company celebrated its 30th anniversary on the Stock Exchange, an opportunity to look back at the road travelled and thus show the relevance that the capital market had in the achievement of growth and the pursuit of its development plan, which has now made it an essential part of the markets where it operates, while maintaining its family-oriented nature. An excellent example of how more Portuguese companies could proceed independently with their growth strategies, while keeping control in the hands of their benchmark shareholders.”

The coincidence highlighted by the Euronext representative, that 2019 was the 30th anniversary of the Group being listed on the Stock Exchange, was referred to at the time in Our JM, with the results from these three decades showing that the opening up to the stock market was decisive for the cycle of growth and internationalisation that Jerónimo Martins has been on since then.

The ceremony organised by Euronext Lisbon was part of the Via Bolsa 2020 conference, designed to promote reflection between the different players linked to the financial market, such as issuing companies, financial intermediaries, law firms and journalists.

The main theme was “Sustainable Finance” and there was a debate during which all the parties involved were alerted to the decisive role they should play in financing the transition to a sustainable planet.