- Jeronimo Martins’ total Q4 sales reached EU8.70 billion, marking a 6.7% year-over-year increase, matching the analyst estimate of EU8.62 billion.
- Biedronka, a major contributor to sales, achieved EU6.11 billion in revenue, exceeding expectations with a 7.4% yearly growth against an estimate of EU6.05 billion.
- Hebe sales showed robust growth, reaching EU161 million, representing a 15% year-over-year increase, slightly below the estimate of EU162.9 million.
- Pingo Doce recorded sales of EU1.36 billion, up 4.1% from the previous year, closely aligning with the EU1.35 billion estimate.
- Recheio sales hit EU336 million, growing 2.1% year-over-year, surpassing the estimate of EU334.2 million.
- Ara’s sales amounted to EU724 million, reflecting a 5.7% increase, and exceeded the projected EU710.1 million.
- For the full year 2024, Jeronimo Martins’ total sales were EU33.47 billion, up 9.3% year-over-year, slightly above the EU33.45 billion estimate.
- The company attributes its sales growth to investments in price competitiveness, which helped attract cautious consumers in Poland affected by macroeconomic conditions.
- Jeronimo Martins anticipates a “turbulent and uncertain” environment in the first half of 2025, with consumer behavior likely to remain prudent and competitive dynamics high.
- Analyst recommendations are predominantly positive: 18 buy ratings, 7 hold ratings, and 2 sell ratings.
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A look at Jeronimo Martins Sgps Sa Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 3 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, Jeronimo Martins Sgps Sa has a positive long-term outlook. With a Momentum score of 4, the company shows strong potential for future growth and performance. Additionally, its scores for Dividend, Growth, and Resilience, all at 3, indicate a stable and promising investment opportunity. While the Value score is 2, suggesting some room for improvement, the overall picture for Jeronimo Martins Sgps Sa looks favorable.
Jeronimo Martins, SGPS, S.A. is a company that holds and operates various businesses involved in food distribution and manufacturing across Portugal, Poland, and Colombia. Its diverse operations in supermarkets, cash and carry stores, as well as retail stores, position the company well within the food industry. With a solid track record in providing food products and services to consumers, Jeronimo Martins Sgps Sa appears well-equipped to capitalize on its market presence and drive future growth.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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