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2018

Year in Review

What we did

We invested 658 million euros in the expansion and revamping of our stores and strengthened our market shares in the countries where we are present.
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Main Indicators

Take a look at the facts and figures that made 2018 an exceptional year of commitment and delivery.

Sales
€17,337 M
EBITDA
€960M
Net Result
€401 M

Investment
per Banner

Sales Contribution
per Banner

2018 highlights

Biedronka

We invested over 370 million euros in opening and refurbishing 352 stores in order to improve the shopping experience of more than 4 million customers who visit our stores every day.

<strong>Sales </strong>
Sales
€11,691 M (+5.8%)
Employees
Employees
67,000
Stores
Stores
2,900

 Pingo Doce

We invested in improving the shopping experience, by refurbishing 50 stores and opening 10 new spaces. We also reinforced our pledge to the strategic pillars of our offer: Perishables, Private Brand and Meal Solutions.

Sales
Sales
€3,800 M (+4.6%)
Private Brand Launches
Private Brand Launches
250 products
Meals sold
Meals sold
5 million

Recheio

In 2018, Food Service once again proved itself to be Recheio’s growth driver. The banner ended the year with 38 stores and 4 logistics platforms.

Sales
Sales
€980 M (+4%)
Customers
Customers
110,000
Exports
Exports
42 countries

Ara

We opened a new Distribution Centre in Bogotá, which will enable us to increase our logistics efficiency and expand our chain of neighbourhood stores, which is already present in more than 180 cities and towns.

Stores
Stores
532 (+143)
Investment
Investment
€118 M
Sales Growth
Sales Growth
+47.9%

 Hebe

Hebe accelerated its expansion in the Polish Health & Beauty market by opening 51 stores in 2018. With more than 68 thousand visits a day, we are present in 110 cities and towns.

Stores
Stores
230
Loyalty cards
Loyalty cards
3 million
Sales growth
Sales growth
+24%

Agri-business

We furthered our investment in the Agri-food area, by opening a new milk factory. We increased our Angus beef production capacity and further invested in expanding the aquaculture business.

Milk cartons/hour
Milk cartons/hour
48,000
Sea Bass and Gilt-Head Bream produced
Sea Bass and Gilt-Head Bream produced
610 tonnes
Heads of Cattle
Heads of Cattle
2,350

Message from the Chairman

Read the message from Pedro Soares dos Santos, Chairman of the Jerónimo Martins Group.

How we are organised

Get to know our Governance Model.

How we make a difference

Get to know our initiatives concerning Sustainability.

Download centre

For more detailed information, you can download the Group's 2018 Annual Report, in full or by chapter.