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Jerónimo Martins - 1st Quarter 2012 Results

Jerónimo Martins SGPS, SA
26
April
2012
With increased sales in all areas of Distribution Consolidated sales grow 8.8%

Main Group highlights

  • Net Profit grows 20.8% to 68 million euros, with the main contribution coming from Biedronka
  • Consolidated Sales grow 8.8% and reach 2,440 million euros
  • Operating Cash Flow (EBITDA) increases 9.2% to 152 million euros
  • Net Debt falls to 216 million euros, with gearing at 15.9% (50.6% in the first quarter of 2011)
  • CAPEX totals 93 million euros
  • Investment in Poland corresponded to 86% of total investment in the quarter