The Jerónimo Martins Group rose three places in the 2016 Global Powers of Retailing ranking and is the 59th largest retailer in the world, according to the study carried out every year by consultancy firm Deloitte and by the American "Stores" magazine.
This study, which is based on 2014 financial information, shows that Jerónimo Martins had a remarkable growth, having jumped 26 places in the last five years.
The renowned global ranking also included the Jerónimo Martins Group in its list of the 50 retailers with the fastest sales growth in the last five years, coming in at 50th place. Since 2009, the Group has had an average revenue aggregate growth (CAGR)* of 12.2% per annum.
This classification is based on various economic indicators, namely on total revenue, the value of the retail business and net profits.
*CAGR - Compound Annual Growth Rate