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Strong Biedronka margins lift Jeronimo Martins stock despite sales decline
Jeronimo Martins’ stock rose about 5% after Q2 results, after Biedronka reported unexpectedly higher margins. Biedronka’s like‑for‑like sales fell 1.6% and missed consensus, driven by basket deflation. EBITDA beat expectations by 2.6% thanks to a margin expansion of 40 basis points, while group EBIT and profit before tax met estimates. Management warned of a more difficult operating environment, expected continued deflation and a possible weakening of margins in the second half. » More on de.investing.com
Jeronimo Martins: share falls despite solid sales in Poland
Jeronimo Martins reported slightly higher sales for the Polish chain Biedronka and a solid like‑for‑like quarterly performance, but growth slowed due to lower inflation. Exchange rates added 1.5–2 percentage points to results, and expansion and modernization of stores proceeded as planned. Colombian sales fell slightly, the Portuguese divisions met expectations, the company will for the first time since the pandemic not pay a special bonus this year, and it looks confidently toward 2026; the stock nevertheless lost about 2%. » More on de.investing.com
Jeronimo Martins shares fall after Q2 2025 results despite revenue growth
Jeronimo Martins reported a 6.7% increase in revenue and a 10.3% rise in consolidated EBITDA in the second quarter of 2025, but the stock dropped 5.05% after the earnings call. Investors were concerned about a €157 million cash outflow, ongoing competitive pressure, and subdued food consumption. The company plans to focus on price leadership and margin protection, but continues to face an uncertain market environment. » More on de.investing.com
Historical dividends Dividends
All dividend metrics All metricsFinancials
| (EUR) | June 2026 | YoY |
|---|---|---|
| Revenue | 9.38B | 3.97% |
| Gross profit | 1.94B | 6.36% |
| Net profit | 141M | 0.70% |
| EBITDA | 672M | 18.10% |
Fundamentals
| Metric | Value |
|---|---|
Market capitalization | €12.2B |
Number of shares | 628.43M |
52-week high/low | €22.68 - €15.90 |
Dividend yield | 3.38% |
Dividends TTM | €0.65 |
Beta | 0.40 |
P/E ratio | 19.24 |
PEG ratio | 6.28 |
P/B ratio | 3.98 |
P/S ratio | 0.33 |
Company profile
JerĂłnimo Martins, SGPS, S.A. operates in the food distribution and specialized retail sectors in Portugal, Poland, and Colombia. The company operates through Portugal Retail; Portugal Cash & Carry; Poland Retail; Colombia Retail; and Others, Eliminations and Adjustments segments. It operates 3,250 food stores under the Biedronka name; and a chain of 290 health and beauty stores under the Hebe banner in Poland, as well as 819 food stores under the Ara name in Colombia. The company also operates 460 supermarkets under the Pingo Doce banner; and 38 stores and 4 platforms under the Recheio name in Portugal. In addition, it operates restaurants under the Pingo Doce name; Bem-Estar stores; and petrol stations and clothing under Code brand. Further, the company operates 20 kiosks and coffee shops under the Jeronymo name; and 21 chocolates and confectionary retail stores under Hussel name. Additionally, the company engages in human resources top management, real estate management and administration, training, and saline brackish waters aquaculture; wholesale of fruit and vegetables; retail management, consultancy, and logistics activities; the purchase and sale of real estate; growing of crops and farming of animals; retail sale of health and beauty products; manufacture of milk and dairy products; and provision of economic and accounting, business portfolio management, financial, and sea passenger water transport services. It is also involved in the trading and distribution of consumer goods; retail and wholesale of non-food products; other business support service activities; and provision of services in the area of wholesale and retail distribution. The company was founded in 1792 and is headquartered in Lisbon, Portugal. JerĂłnimo Martins, SGPS, S.A. is a subsidiary of Sociedade Francisco Manuel dos Santos, SGPS, S.E.
| Name | Jeronimo Martins |
| CEO | Pedro Manuel de Castro Soares dos Santos |
| Headquarters | Lisbon,
li Portugal |
| Website | |
| Sector | Consumer Discretionary |
| Industry | Specialty Retail |
| IPO | 01/03/2000 |
| Employees | 111,321 |
Ticker symbols
| Exchange | Symbol |
|---|---|
Iob | 0EXG.IL |
Euronext | JMT.LS |
Wse | JMT.WA |
Pnk | JRONF |
Frankfurt | JEM.F |
DĂĽsseldorf | JEM.DU |
Lisbon | JMT.LS |
London | 0EXG.L |
SIX | JMT.SW |
MĂĽnchen | JEM.MU |
Warschau | JMT.WA |