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Start of Coverage: 13-01-2010

Resume of the last report made by this analyst

We update our estimates and adopt a more cautious scenario for Poland. We also take into account a higher capex program, which implies higher D&A. Maintain Hold; cut TP to EUR19.00 (from EUR19.50).

Analyst: Emmanuelle Vigneron


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.