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Jerónimo Martins SGPS, S.A.
Type
S.A. (corporation)
Traded as
Euronext: JMT
IndustryRetail
Founded1792
FounderJerónimo Martins
Headquarters
Lisbon, Portugal
Key people
Pedro Soares dos Santos (CEO)
ServicesFood Distribution:

  • Discount and Convenience Stores

  • Supermarkets

  • Cash-and-carries


Specialised Retail:


  • Health and beauty stores

  • Pharmacies

  • Coffee shops

  • Chocolate boutiques


Revenue
€16.275 billion (2017)[1]
Net income

€385 million (2017)[1]
Number of employees
104,203 (2017)[2][1]
Websitewww.jeronimomartins.com

Jerónimo Martins SGPS, SA (JM) is a Portuguese corporate group that operates in food distribution and specialised retail. It operates more than 3,600 stores in Portugal, Poland, and Colombia.[3]


The group is the majority owner of Jerónimo Martins Retail (JMR), which operates the Pingo Doce super- and hypermarket chain in Portugal. JMR has been run as a 51%-49% joint venture with the Dutch firm Ahold Delhaize since 1982.[4]


Jerónimo Martins is listed on Euronext Lisbon, under the code JMT, and is part of the PSI-20 index.




Contents





  • 1 Operations


  • 2 Former operations


  • 3 Key Figures


  • 4 See also


  • 5 References


  • 6 External links




Operations[edit]


In Portugal, Jerónimo Martins operates the Pingo Doce chain of super- and hypermarkets as well as the Recheio chain of cash-and-carry stores.


The Group also operates in the specialized retail sector in Portugal. Jerónimo Martins owns the Jeronymo coffee shops and the Hussel chocolate and confectionery stores.[5]


Until 2016, Jerónimo Martins had industrial facilities focused on the production of several Unilever brands. This was carried out through the joint venture company Unilever Jerónimo Martins, which was 45% owned by JM and 55% owned by Unilever.[6]


Jerónimo Martins also owns Biedronka, the largest chain of no-frills supermarkets in Poland. Also in Poland, the Group operates the health and beauty and cosmetic chain Hebe.[5]


In 2013, Jerónimo Martins Group started its operations in Colombia with the opening of the first Ara stores as well as its and the first distribution centre.[7]



Former operations[edit]


It once owned Lillywhites, a British company focused on sports goods (sold in 2002 to Sports World International);[8] a stake in Eurocash, a cash-and-carry in Poland;[9] and Supermercados Sé, a supermarket chain in Brazil (sold to Grupo Pão de Açúcar in 2002).[10]



Key Figures[edit]





























YearSales (in million €)EBITDA (in million €)Net profit (in million €)
2017[1]16,276922385
2016[1]14,622862593
2015[11]13,728800333
2014[11]12,680733302
2013[12]11,829777382



See also[edit]


  • Pingo Doce

  • Recheio

  • Biedronka


References[edit]




  1. ^ abcde "Annual report 2017" (PDF). Retrieved 13 August 2018..mw-parser-output cite.citationfont-style:inherit.mw-parser-output .citation qquotes:"""""""'""'".mw-parser-output .citation .cs1-lock-free abackground:url("//upload.wikimedia.org/wikipedia/commons/thumb/6/65/Lock-green.svg/9px-Lock-green.svg.png")no-repeat;background-position:right .1em center.mw-parser-output .citation .cs1-lock-limited a,.mw-parser-output .citation .cs1-lock-registration abackground:url("//upload.wikimedia.org/wikipedia/commons/thumb/d/d6/Lock-gray-alt-2.svg/9px-Lock-gray-alt-2.svg.png")no-repeat;background-position:right .1em center.mw-parser-output .citation .cs1-lock-subscription abackground:url("//upload.wikimedia.org/wikipedia/commons/thumb/a/aa/Lock-red-alt-2.svg/9px-Lock-red-alt-2.svg.png")no-repeat;background-position:right .1em center.mw-parser-output .cs1-subscription,.mw-parser-output .cs1-registrationcolor:#555.mw-parser-output .cs1-subscription span,.mw-parser-output .cs1-registration spanborder-bottom:1px dotted;cursor:help.mw-parser-output .cs1-ws-icon abackground:url("//upload.wikimedia.org/wikipedia/commons/thumb/4/4c/Wikisource-logo.svg/12px-Wikisource-logo.svg.png")no-repeat;background-position:right .1em center.mw-parser-output code.cs1-codecolor:inherit;background:inherit;border:inherit;padding:inherit.mw-parser-output .cs1-hidden-errordisplay:none;font-size:100%.mw-parser-output .cs1-visible-errorfont-size:100%.mw-parser-output .cs1-maintdisplay:none;color:#33aa33;margin-left:0.3em.mw-parser-output .cs1-subscription,.mw-parser-output .cs1-registration,.mw-parser-output .cs1-formatfont-size:95%.mw-parser-output .cs1-kern-left,.mw-parser-output .cs1-kern-wl-leftpadding-left:0.2em.mw-parser-output .cs1-kern-right,.mw-parser-output .cs1-kern-wl-rightpadding-right:0.2em


  2. ^ ""Jerónimo Martins reaches 100 thousand employees"". Dinheiro Vivo. Retrieved 8 February 2018.


  3. ^ "Company Profile". Jerónimo Martins. Retrieved 25 September 2016.


  4. ^ "Celebrations in 2015 (Annual report 2015)". Jerónimo Martins. Retrieved 7 February 2018.
    [permanent dead link]


  5. ^ ab "Jeronimo Martins - Specialised Retail". Jerónimo Martins. Retrieved 7 February 2018.


  6. ^ "Dona do Pingo Doce compra totalidade da Monterroio". Dinheiro Vivo. Retrieved 7 February 2018.


  7. ^ "Jerónimo Martins Group starts operations in Colombia". Jerónimo Martins. Retrieved 29 October 2013.


  8. ^ Watts, Robert (2 April 2006). "What's happened to Lillywhites?". The Daily Telegraph. Retrieved 2 January 2010.


  9. ^ "International News - Jeronimo sells Eurocash". Retail Week. 7 February 2003. Retrieved 2 January 2010.


  10. ^ "Venda de supermercados Sé confirma-se". TSF. 30 July 2002. Retrieved 2 January 2010.
    [permanent dead link]


  11. ^ ab "Annual report 2015" (PDF). Retrieved 13 August 2018.


  12. ^ "Annual report 2013" (PDF). Retrieved 13 August 2018.




External links[edit]


  • Official website


  • Jerónimo Martins companies grouped at OpenCorporates









Retrieved from "https://en.wikipedia.org/w/index.php?title=Jerónimo_Martins&oldid=860563117"





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