Jeronimo Martins FY Earnings Top Estimates

Mittwoch, 09.03.2022 19:50 von PLX

• (PLX AI) – Jeronimo Martins FY EBITDA EUR 1,585 million vs. estimate EUR 1,542 million.
• • FY EBIT EUR 840 million vs. estimate EUR 812 million
• • FY net income EUR 463 million
• • Biedronka expects to be able to stick to its expansion plan for the year and open c.130 stores and a new distribution centre, as well as to remodel c.350 locations in 2022
• • Hebe plan is to open c.30 stores in 2022, while continuing to focus on its online operation