Jeronimo Martins FY26 H1 net profit falls 3.3% to EUR 260 million; net sales rise 5.1% to EUR 18.3 billion

Reuters2026/07/29 16:31

By:Reuters

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Jeronimo Martins first-half sales rose 5.1% to EUR 18.3 billion, while EBITDA climbed 7.6% to EUR 1.24 billion.
EBITDA margin widened 0.2 percentage points to 6.8%; net profit attributable to shareholders slipped 3.5% to EUR 260 million.
Biedronka sales rose 1.7% to EUR 12.6 billion, while second-quarter like-for-like sales fell 1.6% amid relevant basket deflation.
Net financial costs increased 22.7% to EUR 193 million; cash flow was minus EUR 332 million, with EUR 412 million invested.
Management said it does not expect a significant improvement in the operating backdrop in the second half, keeping price and promotions central.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Jeronimo Martins SGPS SA published the original content used to generate this news brief on July 29, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Jeronimo Martins FY26 H1 net profit falls 3.3% to EUR 260 million; net sales rise 5.1% to EUR 18.3 billion

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