The latest announcement is out from Jeronimo Martins SGPS ( (GB:0EXG) ).
Jerónimo Martins reported a 9.3% increase in sales to €33.5 billion in 2024, despite facing challenges such as basket deflation and increased costs, particularly in labor due to minimum wage hikes. The company maintained a solid financial position with a net cash position of €726 million and continued its sustainability efforts, including the establishment of the Jerónimo Martins Foundation and achieving high scores in climate and diversity indices.
More about Jeronimo Martins SGPS
Jerónimo Martins SGPS is a prominent company in the retail industry, primarily focusing on food distribution. The company operates various banners across different markets, with a significant presence in Poland. It is committed to sustainability and competitiveness, aiming to strengthen its market position.
YTD Price Performance: 7.96%
Average Trading Volume: 80,692
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: €12.57B
See more data about 0EXG stock on TipRanks’ Stock Analysis page.