Jerónimo Martins
{{Short description|Portuguese trading company}}
{{Infobox company
| name = Jerónimo Martins SGPS, S.A.
| logo = Logo Jerónimo Martins.svg
| type = Sociedade Anónima
| traded_as = {{EuronextLisbon|JMT|PTJMT0AE0001|XLIS}}
PSI-20 component
| ISIN = {{ISIN|sl=n|pl=y|PTJMT0AE0001}}
| industry = Retail
| foundation = {{start date and age|1792}}
| founder = Jerónimo Martins
| key_people = Pedro Soares dos Santos (CEO)
| services = Food Distribution:
{{bulleted list|Discount and Convenience Stores|Supermarkets|Cash-and-carries}}
Specialised Retail:
{{bulleted list|Health and beauty stores|Coffee shops|Chocolate boutiques}}
| revenue = €33.464 billion (2024){{cite web|url=https://www.jeronimomartins.com/wp-content/uploads/com/2024/EN/ResultsFY2024.pdf|title=Results Presentation 2024|access-date=26 Mar 2025}}
| net_income = €599 million (2024)
| num_employees = 139,907 (2024)
| homepage = [https://www.jeronimomartins.com www.jeronimomartins.com]
}}
Jerónimo Martins SGPS, SA (JM) is a Portuguese corporate group that operates in food distribution and specialised retail. It operates more than 6,100 stores in Portugal, Poland, Slovakia and Colombia.
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.{{cite web|url=https://2015inthegroup.jeronimomartins.com/en/celebrations-in-2015/|archive-url=https://web.archive.org/web/20180208064313/https://2015inthegroup.jeronimomartins.com/en/celebrations-in-2015/|url-status=dead|archive-date=8 February 2018|title=Celebrations in 2015 (Annual report 2015)|publisher=Jerónimo Martins|access-date=7 February 2018}}
Jerónimo Martins is listed on Euronext Lisbon, under the code JMT, and is part of the PSI-20 index.
Operations
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.{{cite web|url=https://www.jeronimomartins.com/en/about-us/what-we-do/specialised-retail/|title=Jeronimo Martins - Specialised Retail|publisher=Jerónimo Martins|access-date=7 February 2018}}
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.{{cite web|url=https://www.dinheirovivo.pt/empresas/dona-do-pingo-doce-compra-totalidade-da-monterroio/|title=Dona do Pingo Doce compra totalidade da Monterroio|publisher=Dinheiro Vivo|access-date=7 February 2018|archive-date=8 February 2018|archive-url=https://web.archive.org/web/20180208065446/https://www.dinheirovivo.pt/empresas/dona-do-pingo-doce-compra-totalidade-da-monterroio/|url-status=dead}}
Jerónimo Martins also owns Biedronka, the largest chain of discount stores in Poland. Also in Poland, the Group operates the health and beauty and cosmetic chain Hebe.
In 2013, Jerónimo Martins Group started its operations in Colombia with the opening of the first Ara stores as well as its first distribution centre.{{cite web|url=https://www.jeronimomartins.pt/media/press-releases/pr_20130313_447_pt.aspx?lang=en|title=Jerónimo Martins Group starts operations in Colombia|publisher=Jerónimo Martins|access-date=29 October 2013}}
Former operations
It once owned Lillywhites, a British company focused on sports goods (sold in 2002 to Sports World International);{{cite news|url=https://www.telegraph.co.uk/finance/2935802/Whats-happened-to-Lillywhites.html|title=What's happened to Lillywhites?|last=Watts|first=Robert|date=2 April 2006|work=The Daily Telegraph|access-date=2 January 2010}} a stake in Eurocash, a cash-and-carry in Poland;{{cite news|url=http://www.retail-week.com/international-news-jeronimo-sells-eurocash/1728181.article|title=International News - Jeronimo sells Eurocash|date=7 February 2003|work=Retail Week|access-date=2 January 2010}} and Supermercados Sé, a supermarket chain in Brazil (sold to Grupo Pão de Açúcar in 2002).{{cite news|url=https://tsf.sapo.pt/PaginaInicial/Interior.aspx?content_id=882994 |title=Venda de supermercados Sé confirma-se |date=30 July 2002 |work=TSF |access-date=2 January 2010 }}{{dead link|date=April 2017 |bot=InternetArchiveBot |fix-attempted=yes }}
Key figures
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See also
References
{{Reflist}}
External links
- {{Official website|https://www.jeronimomartins.com/}}
- {{OpenCorp|Jerónimo Martins SGPS}}
{{PSI-20 companies}}
{{Authority control}}
{{DEFAULTSORT:Jeronimo Martins}}
Category:Companies based in Lisbon
Category:Food and drink companies of Portugal
Category:Retail companies established in 1792
Category:Conglomerate companies of Portugal