Jerónimo Martins SGPS, SA (JM) is a Portuguese corporate group that operates in food distribution and specialised retail. It operates more than 6,500 stores in Portugal, Poland, Slovakia and Colombia.
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 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.
The Group also operates in the specialized retail sector in Portugal, where Jerónimo Martins owns the Jeronymo coffee shops.
Jerónimo Martins owns Biedronka, the largest chain of discount stores in Poland, which generates approximately 70% of the Group’s total sales. 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.
Since 2025, Biedronka has been developing a food retail operation in Slovakia and opened the first Biedronka store in March 2025.
Early June 2026, a reconstruction programme funded by the Jerónimo Martins Foundation, with a total value of €20 million, was launched to rebuild homes, nurseries, and buildings after Storm Kristin affected Portugal severely.
Former operations It once owned Lillywhites, a British company focused on sports goods (sold in 2002 to Sports World International); a stake in Eurocash, a cash-and-carry in Poland; and Supermercados Sé, a supermarket chain in Brazil (sold to Grupo Pão de Açúcar in 2002).
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.
Key figures
Year Sales (in million €) EBITDA (in million €) Net profit (in million €) 2025 35,991 2,480 646 2024 33,464 2,232 599 2023 30,608 2,168 756 2022 25,385 1,854 590 2021 20,889 1,585 463 2020 19,293 1,423 312 2019 18,638 1,045 433 2018 17,337 960 401 2017 16,276 922 385 2016 14,622 862 593 2015 13,728 800 333 2014 12,680 733 302 2013 11,829 777 382
See also Pingo Doce Recheio Biedronka
References
External links