JMT 📈 Jeronimo Martins SGPS SA - Overview

Jeronimo Martins, SGPS, S.A. is a multinational corporation that has been a major player in the food distribution and specialized retail sectors for over two centuries, with operations spanning across Portugal, Poland, and Colombia. The company's business is divided into several segments, including Portugal Retail, Portugal Cash & Carry, Poland Retail, Colombia Retail, and Others, Eliminations and Adjustments, each catering to the unique needs of its respective markets. In Poland, for instance, the company operates a vast network of food stores under the Biedronka name, which has become a household brand, as well as a chain of health and beauty stores under the Hebe banner, offering a wide range of products and services to its customers.

In Colombia, Jeronimo Martins operates food stores under the Ara name, while in Portugal, it runs supermarkets under the Pingo Doce banner and cash and carry stores under the Recheio name. The company's retail footprint in Colombia is further expanded through its Bodega del Canasto stores. Additionally, Jeronimo Martins has a significant presence in the food service sector, operating restaurants under the Pingo Doce name, as well as para-pharmacies and petrol stations under the Bem-Estar brand. The company's diversified portfolio also includes clothing stores under the Code brand, coffee shops and kiosks under the Jeronymo name, and chocolates and confectionary retail stores under the Hussel name, catering to the varied needs of its customers across different markets.

Beyond its core retail operations, Jeronimo Martins is involved in a range of activities, including human resources top management, real estate management and administration, training, and saline brackish waters aquaculture. The company is also engaged in wholesale and retail management, consultancy, and logistics activities, as well as the purchase and sale of real estate, growing of crops and farming of animals, and the manufacture of milk and dairy products. Furthermore, Jeronimo Martins provides business portfolio management, financial, and sea passenger water transport services, and is involved in the trading and distribution of consumer goods, retail and wholesale of non-food products, and other business support service activities. With a history dating back to 1792, Jeronimo Martins is headquartered in Lisbon, Portugal, and operates as a subsidiary of Sociedade Francisco Manuel Dos Santos, S.G.P.S., S.A.

As a leading player in the food retail sector, Jeronimo Martins has a strong online presence, with its website providing detailed information about its operations, products, and services. The company's common stock is listed under the ISIN code PTJMT0AE0001 and is classified under the GICS Sub Industry: Food Retail. With its diversified portfolio, extensive geographical reach, and long history of operations, Jeronimo Martins is well-positioned to continue playing a major role in the food distribution and specialized retail sectors in the years to come. The company's commitment to providing high-quality products and services to its customers, combined with its focus on innovation and expansion, has enabled it to maintain its competitive edge in the market.