Jerónimo Martins SGPS SA

Jerónimo Martins SGPS SA

Sector: Grocery Stores Region: Portugal

: | OTC Markets: JRONF | Euronext Lisbon: JMT | OTC Markets: JRONY

Similar to: X5 Retail Group NV, Rallye SA, Casino Guichard-Perrachon SA

Jeronimo Martins SGPS SA engages in the production, distribution and selling of food and other fast moving consumer goods products. The company is a food specialist that operates in three different areas: Distribution, Manufacturing and Services. It operates in Distribution, through Pingo Doce, Recheio, Biedronka and ara, and in Manufacturing, through its holdings in Unilever Jerónimo Martins and in Gallo Worldwide. The company business portfolio also includes an area that covers marketing, representation and restaurant services. It operates through five business segments: Portugal Retail, Portugal Cash & Carry, Poland Retail, Portugal Manufacturing, and Others, Eliminations and Adjustments. The Portugal Retail segment comprises of business units Pingo Doce supermarkets. The Portugal Cash & Carry segment includes the wholesale business unit Recheio. The Poland Retail segment operates business unit with the brand Biedronka. The Portugal Manufacturing segment includes the joint-venture with Unilever, consolidated by the proportional Method. The Others, Eliminations and Adjustments segment includes business units with reduced materiality (Marketing Services and Representations, Restaurants in Portugal, Pharmacies and Drugstores in Poland, start-up costs of retail business in Colombia; the Holding companies; and Group's consolidation adjustments. Jeronimo Martins SGPS was founded by Jeronimo Martins in 1792 and is headquartered in Lisbon, Portugal.

News & Analysis

You may also be interested in: