Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Portugal
  4. Euronext Lisbonne
  5. Jerónimo Martins, SGPS, S.A.
  6. News
  7. Summary
    JMT   PTJMT0AE0001

JERÓNIMO MARTINS, SGPS, S.A.

(JMT)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

Jerónimo Martins SGPS S A : First Half 2021 Results Presentation

07/29/2021 | 04:17am EDT

RESULTS

FIRST

HALF

2021

FIRST HALF RESULTS RELEASE HERE

ADDITIONAL INFORMATION RELATING TO THE PERIOD HERE

JULY 29, 2021

This presentation includes in the Appendix, for comparison purposes, the Financial Statements excluding the effect of the IFRS16

Introductory note

2

INDEX

  1. 2021 H1 HIGHLIGTHS
  2. 2021 H1 | THE OPERATING CONTEXT
  3. KEY FIGURES
    1. Income Statement
    2. Cash Flow
    3. Balance Sheet
    4. Capex
  4. SALES PERFORMANCE
    1. Group
    2. Biedronka
    3. Hebe
    4. Pingo Doce
    5. Recheio
    6. Ara
  1. EBITDA
    1. EBITDA Performance
    2. EBITDA Margin
  2. 2021 H1 | SUMMARY

APPENDIX

  1. OUTLOOK 2021
  2. FINANCIAL STATEMENTS

3

0. 2021 H1 | HIGHLIGHTS (1/3)

Competitive value propositions and adjusted business models delivered higher sales and EBITDA in each region

Sales up by 6.3%

(+8.8% in local

currencies)

  • Biedronka guaranteed the preference of consumers during the entire period and accelerated growth in Q2. Our main banner leveraged on a favourable combination of factors - positive consumer demand, following the reopening of the country after a very difficult pandemic period, and nice weather - by successfully adjusting its offer and executing effective commercial campaigns
  • Distribution in Portugal with higher sales and EBITDA in H1 with Pingo Doce and Recheio returning to growth in Q2 as restrictions and comps eased

EBITDA up

by 12.6%

(+15.5% in local

currencies)

  • Ara with a consistent good delivery in the six months, both on top line and at the EBITDA level, despite the challenging socioeconomic backdrop
  • EBITDA growth ahead of sales due to sound LFL (which drove operational leverage), to assertive margin-mix management and to good delivery from efficiency programmes

4

0. 2021 H1 | HIGHLIGHTS (2/3)

Competitive value propositions and adjusted business models delivered higher sales and EBITDA in each region

Solid steps

on our

responsibility

path

  • Increased the number of employees on permanent contracts in the Group (+6p.p.) to reach 70% of the workforce
  • Reinforced investment in employee support measures to €5.7 mn in programmes in the area of Health, Education and Family Welfare (+3% vs H1 20)
  • Joining the Colombian Government's Voluntary Agreement to fight deforestation
  • Ensuring the plantation of over 58 thousand trees under the Serra do Açor Forest project, aimed at preserving and developing the landscape ravaged by the wildfires of 2017 in Portugal
  • Signatory of an open letter to the European Commission, encouraging the adoption of more ambitious measures to curb deforestation

5

Disclaimer

Jeronimo Martins SGPS SA published this content on 29 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 July 2021 08:16:12 UTC.


© Publicnow 2021
All news about JERÓNIMO MARTINS, SGPS, S.A.
08/25JERÓNIMO MARTINS SGPS S A : H1 20201 Report
PU
08/25JERÓNIMO MARTINS SGPS S A : Jerónimo Martins, SGPS, S.A. informs on 2021 First Half Consol..
PU
08/11ANALYST RECOMMENDATIONS : Callaway, Flutter, Qualys, Synaptics, Virgin Galactic...
07/29JERÓNIMO MARTINS SGPS S A : First Half 2021 Results Presentation
PU
07/28JERÓNIMO MARTINS SGPS S A : Portugal's retailer Jeronimo Martins reports 85% profit jump
RE
07/28JERÓNIMO MARTINS SGPS S A : Jerónimo Martins, SGPS, S.A. informs on First Half 2021 Result..
PU
07/22JERÓNIMO MARTINS SGPS S A : Jerónimo Martins, SGPS, S.A. informs on change to Qualified Sh..
PU
07/16JERÓNIMO MARTINS SGPS S A : Jerónimo Martins, SGPS, S.A. informs on change to Qualified Sh..
PU
07/05JERÓNIMO MARTINS SGPS S A : Jerónimo Martins, SGPS, S.A. informs on Qualified Shareholding..
PU
07/01JERONIMO MARTINS SGPS S A : Jerónimo Martins SGPS, S.A. informs on Qualified Shareholding ..
PU
More news
Analyst Recommendations on JERÓNIMO MARTINS, SGPS, S.A.
More recommendations
Financials
Sales 2021 20 538 M 24 071 M 24 071 M
Net income 2021 420 M 492 M 492 M
Net Debt 2021 1 596 M 1 870 M 1 870 M
P/E ratio 2021 25,9x
Yield 2021 1,96%
Capitalization 11 123 M 13 025 M 13 036 M
EV / Sales 2021 0,62x
EV / Sales 2022 0,58x
Nbr of Employees 108 753
Free-Float 38,7%
Chart JERÓNIMO MARTINS, SGPS, S.A.
Duration : Period :
Jerónimo Martins, SGPS, S.A. Technical Analysis Chart | JMT | PTJMT0AE0001 | MarketScreener
Technical analysis trends JERÓNIMO MARTINS, SGPS, S.A.
Short TermMid-TermLong Term
TrendsBearishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 24
Last Close Price 17,70 €
Average target price 17,35 €
Spread / Average Target -1,97%
EPS Revisions
Managers and Directors
Pedro Manuel de Castro Soares dos Santos Chairman & Chief Executive Officer
Ana Luisa Virginia Head-Finance & Data Privacy
Nuno Abrantes Head-Information Technology
António Pedro de Carvalho Viana-Baptista Independent Non-Executive Director
Francisco Manuel Seixas da Costa Independent Non-Executive Director
Sector and Competitors
1st jan.Capi. (M$)
JERÓNIMO MARTINS, SGPS, S.A.28.08%13 025
WALMART INC.-0.68%399 229
SYSCO CORPORATION8.38%41 212
WOOLWORTHS GROUP LIMITED-0.05%35 949
AHOLD DELHAIZE N.V.24.82%34 594
THE KROGER CO.25.88%29 731