Jerónimo Martins


Jerónimo Martins SGPS, SA Sociedade Aberta is a Portuguese corporate group that operates in food distribution and specialised retail. It operates more than 4,400 stores in Portugal, Poland, and Colombia.
The group is the majority owner of Jerónimo Martins Retail, which operates the Pingo Doce super- and hypermarket chain in Portugal. JMR has been run as a 51%-49% joint venture with the Dutch firm Ahold Delhaize since 1982.
Jerónimo Martins is listed on Euronext Lisbon, under the code JMT, and is part of the PSI-20 index.

Operations

In Portugal, Jerónimo Martins operates the Pingo Doce chain of super- and hypermarkets as well as the Recheio chain of cash-and-carry stores.
The Group also operates in the specialized retail sector in Portugal. Jerónimo Martins owns the Jeronymo coffee shops and the Hussel chocolate and confectionery stores.
Until 2016, Jerónimo Martins had industrial facilities focused on the production of several Unilever brands. This was carried out through the joint venture company Unilever Jerónimo Martins, which was 45% owned by JM and 55% owned by Unilever.
Jerónimo Martins also owns Biedronka, the largest chain of no-frills supermarkets in Poland. Also in Poland, the Group operates the health and beauty and cosmetic chain Hebe.
In 2013, Jerónimo Martins Group started its operations in Colombia with the opening of the first Ara stores as well as its and the first distribution centre.

Former operations

It once owned Lillywhites, a British company focused on sports goods ; a stake in Eurocash, a cash-and-carry in Poland; and Supermercados Sé, a supermarket chain in Brazil.

Key Figures

YearSales EBITDA Net profit
201918,6381,045433
201817,337960401
201716,276922385
201614,622862593
201513,728800333
201412,680733302
201311,829777382