Jerónimo Martins

Portuguese grocer whose largest business is Biedronka in Poland

Overview

Jerónimo Martins of Lisbon produces, distributes and sells food and other consumer goods through segments for Portugal Retail (Pingo Doce), Portugal Cash and Carry (Recheio), Poland Retail (Biedronka) and Colombia Retail (Ara).[2] Forbes gives 1792 as its founding year, the earliest in this ranking apart from Aeon.[2] Sales were US$42.3bn, up 16.9%, the fastest growth in the list, and profit US$740m.[2] It moved from twenty-fifth to twenty-fourth and employs 147,709 people.[2]

Jerónimo Martins strengths and limitations

Strengths

  • Fastest sales growth in the ranking
  • Diversified across three countries
  • Moved up one place

Limitations

  • Profit margin under 2%
  • Concentrated in Poland and Portugal
  • Currency exposure to zloty and peso

Appears in

Jerónimo Martins peers and competitors

Companies ranked in the same lists as Jerónimo Martins.

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