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UBS Investment Bank

Start of Coverage: 14-05-2003

Resume of the last report made by this analyst

Jeronimo Martins (Buy, €15) valuation might be appealing at 8x 2019E EV/EBITDA but lack of earnings momentum and slowing sales may limit the near-term re-rating potential.

Analyst: Michal Potyra

e-mailmichal.potyra@ubs.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.