JERONIMO MARTINS : Jerónimo Martins is the 59th largest retailer in the world
January 19, 2016 at 01:01 am IST
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The Jerónimo Martins Group rose three places in the 2016 Global Powers of Retailing ranking
The Jerónimo Martins Group rose three places in the 2016 Global Powers of Retailing ranking and is the 59th largest retailer in the world, according to the study carried out every year by consultancy firm Deloitte and by the American 'Stores' magazine.
This study, which is based on 2014 financial information, shows that Jerónimo Martins had a remarkable growth, having jumped 26 places in the last five years.
The renowned global ranking also included the Jerónimo Martins Group in its list of the 50 retailers with the fastest sales growth in the last five years, coming in at 50th place. Since 2009, the Group has had an average revenue aggregate growth (CAGR)* of 12.2% per annum.
This classification is based on various economic indicators, namely on total revenue, the value of the retail business and net profits.
*CAGR - Compound Annual Growth Rate
Jeronimo Martins SGPS SA issued this content on 2016-01-18 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 2016-01-18 19:30:05 UTC
Original Document: http://www.jeronimomartins.pt/media/press-releases/pr_20160118_462_pt.aspx?lang=en
Jerónimo Martins, SGPS, S.A. is a Group that holds assets in the food sector, mostly in distribution, with market leadership positions in Poland and Portugal. In 2023, the Group recorded sales of 30.6 billion euros and an EBITDA of 2.2 billion euros. The Group had a total of 134,379 employees and ended 2023 with a market capitalisation of 14.5 billion euros on the Euronext Lisbon stock exchange.
In Poland, Biedronka, representing 70% of Group sales and 85% of its EBITDA, is a chain of food stores and the undisputed leader in food retail and in 2023 it continued to increase its market share. Also in Poland, Hebe focuses on the specialised retail of health and beauty products, managing a considerable assortment of products at competitive prices and an in-store consultation service. At the end of 2023 Hebe opened two stores in Czechia, aimed at putting a face to the brand's presence in this country, where growth will be driven through e-commerce.
In Portugal, the Group has a leadership position in food distribution. It operates the banners Pingo Doce and Recheio, which are market leaders in the supermarket and cash & carry formats, respectively. Pingo Doce is a supermarket chain that has a restaurant area in most of its stores. It has two central kitchens that supply not only these restaurants, but also its in-store takeaway operation. Recheio operates a chain of cash & carry stores and has strengthened its business model with a specialised food service operation, underpinned by dedicated platforms, which essentially serve HoReCa customers with a delivery service. Recheio continues also to expand a network of traditional retail partners under the Amanhecer banner. Jerónimo Martins Agro-Alimentar currently operates in four distinct areas: dairy, livestock farming, aquaculture, and fruit and vegetables. The Group also operates two specialised chains, the Jeronymo coffee shops and kiosks and the Hussel chocolate and confectionery chain.
In Colombia, Ara is a chain of proximity food stores, mostly set up in residential neighbourhoods, offering quality at the best price and combining competitiveness with promotional opportunities in key categories for the Colombian consumer. Also in Colombia, Bodega del Canasto operates as a mini cash & carry, aiming for the traditional market (B2B), offering customised Private Brands and industry brands solution.
JERÓNIMO MARTINS, SGPS, S.A. 
