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First Half 2014 Results

Jerónimo Martins SGPS, SA
29
July
2014
In a very competitive environment marked by decline in food deflation

Consolidated sales grow 7%

Main highlights at the Group level in the 1st half of 2014

  • Consolidated sales grow 7% and reach 6,052 million euros
  • Operational Cash Flow (EBITDA) amounts to 341 million euros
  • Investment of 172 million euros, 82% of which is in Biedronka
  • Profit set at 145 million euros
  • Strengthening market shares in Poland and in Portugal
  • The new businesses (Hebe and Ara) contributed with sales of 63 million euros
  • Approximately 7.5 million euros channelled to support the surrounding communities.