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A year of overcoming

In the midst of the Covid-19 pandemic, we were set on a mission to provide food to countries under lockdown, while dealing with increasingly restrictive measures. For the sake of health and protecting life, people were asked to stay home. For the sake of feeding them, we asked our employees to rise against fear and keep the whole chain fully running.

It wasn’t business as usual. At all.
But we did it.

Message from the Chairman

“In a year in which we celebrated Biedronka’s 25th anniversary and Pingo Doce’s 40th, the pandemic robbed us of our festive spirit and slowed the pace of growth, but it did not affect our financial soundness.”

Chairman and Chief Executive Officer

Corporate Responsibility


In 2020, we were present in more than 90 international environmental, social and governance indices, which recognise companies with the best practices in these areas. Learn more about our corporate responsibility highlights.

“Our soundness also gives us the confidence to know that we will continue to protect and grow our businesses and our teams.”

What we Did

The Group’s sales increased 3.5% to 19.3 billion euros, driven mostly by Biedronka’s double-digit growth in sales, in local currency.

Biedronka13,465 M€69.8%
Pingo Doce3,869 M€20.1%
Recheio847 M€4.4%
Ara854 M€4.4%
Hebe245 M€1.3%
Outros14 M€0.1%
Net Profit
312 M€
1,423 M€

What we Did

Get to know the main performance indicators of the Group over the last year.

How we make a difference

We reinforced our role as responsible corporate citizens.

Message from the Chairman

Read the message ofPedro Soares dos Santos.

Download centre

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