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Barclays Capital

Start of Coverage: 23-10-2009

Resume of the last report made by this analyst

We lower our EPS forecasts by c5% in FY18 and beyond to factor in our new FX assumptions. Our DCF-based price target falls to €13.0.

Analyst: Nicolas Champ

e-mailnicolas.champ@barclays.com

The information presented refers to recommendations issued by analysts that follow the Jerónimo Martins’ share. For more information, please read the Analysts Coverage section in this website’s Terms and Conditions.