Jeronimo Martins, SGPS, S.A.

Jeronimo Martins, SGPS, S.A. Earnings Recaps

JMT.LS Consumer Staples 1 recap
Next earnings: October 28, 2026 (estimated) · full calendar
Q3 2025 Oct 30, 2025

Jerónimo Martins delivered strong results in the first nine months of 2025, achieving significant sales growth and maintaining robust EBITDA margins despite challenging market conditions.

Key takeaways
  • Group sales increased by 7.1% to EUR 26.5 billion, with a like-for-like growth of 2.4% across all banners.
  • Consolidated EBITDA rose by 10.9% to EUR 1.8 billion, reflecting effective cost management and productivity measures.
  • The company maintained a solid EBITDA margin of 6.8%, up from 6.6% in the same period last year.
  • A total of 274 new stores were opened while 170 locations were renovated, underpinning the ambitious CapEx program totaling EUR 816 million.
  • The net cash position stood at EUR 467 million, reinforcing the company’s financial stability amid ongoing market volatility.