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Barclays Capital

Start of Coverage: 23-10-2009

Resume of the last report made by this analyst

We raise our EPS forecasts by an average +3% for 2019-2021e after factoring in our new assumptions for LFL and food inflation in Poland as well as reduced losses in Colombia. Our DCF-based price target rises to €14 after factoring in our new estimates.

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.