Jerónimo Martins, Results 9M 2017

Page created: Tuesday, 31 October 2017 13:32GMT

Report:  25 October 2017 - 11 Page(s)
Tags:
Jerónimo Martins  Listed Companies  Results 2016  Results Q3

Permanent focus on sales drives another sound quarter, while the Group reinforces the foundations for continuous growth

• GROUP LFL PERFORMANCE at 6.6% (+6.2% in Q3) driving Group’s sales growth
• BIEDRONKA SALES grew 10.7% in zloty (+10.5% in Q3), with LFL at 9.0% (+8.9% in Q3)
• PINGO DOCE SALES increased 2.4% (+1.3% in Q3), with LFL (excl. fuel) at 0.3% (-0.9%
in Q3)
• RECHEIO SALES increased 7.6% (+5.9% in Q3), with LFL at 6.0% (+4.9% in Q3)
• ARA SALES in local currency grew 71.4% (+81.6% in Q3), while HEBE TOP LINE increased,
in local currency, by 33.1% (+33.5% in Q3)
• GROUP EBITDA, excluding impact of Ara and Hebe, grew 9.7%
• NET PROFIT TO JM was €285 mn. Excluding Monterroio’s contribution and associated
capital gain in 9M 16, net profit was up 7.1% on previous year
• NET DEBT was negative at €39 mn by the end of September



Original title:  Nine Months 2017 Results

Related Document(s)