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Berenberg

Start of Coverage: 11-06-2019

Resume of the last report made by this analyst

With implementation of the Polish sales tax now unlikely in the near term, we increase our EBITDA forecasts by c6% in FY 2020/21E and our price target to EUR16.10.

Analyst: Thomas Davis

e-mail: thomas.davies@berenberg.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.