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Jerónimo Martins - 3rd Quarter 2013 Results

Financial Results
Strengthened leadership in Poland and in Portugal

Consolidated sales rise 11.5% in the first nine months of the year

Main highlights of the three quarters

  • Consolidated Sales rise 11.5% to 8,699 million euros
  • Profit attributable to Jerónimo Martins increases to 281 million euros
  • Excluding investments in our new businesses, Net Profit grew by 11.8%
  • Operational Cash Flow (EBITDA) increases 7.8% year-on-year, to 573 million euros
  • Capex amounted to 376 million euros of which 291 million euros invested in Biedronka
  • Investment in Portugal totalled 46 million euros