Jeronimo Martins SGPS SA (OTCPK:JRONY)
$ 39.42 -0.30 (-0.76%) Market Cap: 12.39 Bil Enterprise Value: 17.13 Bil PE Ratio: 16.66 PB Ratio: 3.20 GF Score: 91/100

Q1 2026 Jeronimo Martins SGPS SA Earnings Call Transcript

May 07, 2026 / 08:00AM GMT
Release Date Price: $44.98 (-5.70%)
Operator

Good day and welcome to the Jeronimo Martins first quarter 2026 results conference call. Today's conference is being recorded. At this time, I would like to turn the conference over to Ms. Ana Luisa, Virginia, Chief Financial Officer of Jeronimo Martins Group. Please go ahead, Madam.

Ana Luisa Virginia Jeronimo Martins SGPS SA;Chief Financial Officer

Many thanks, Mel. Good morning, ladies and gentlemen, and thank you for joining this call to present our first quarter results. As a reminder, in our corporate website, you can find the results released, a slide presentation and the fact sheet for the period.

The Group delivered a good performance in the first quarter of 2026 with the 6.3% sales growth incorporating the effect of an earlier Easter season and EBITDA rising by 8.4% year-on-year, also benefiting from the operational leverage.

These results were achieved despite persistent global geopolitical tensions and heightened economic uncertainty for both businesses and consumers. Against this backdrop, and with fuel costs on the rise,

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