Annual Report 2023

Results appropriation proposal

In the financial year 2023, Jerónimo Martins, SGPS, S.A. declared consolidated net earnings of 756,294,089.16 euros and net earnings at its individual accounts of 558,924,333.53 euros.

The Board of Directors proposes to the Company’ Shareholders the following appropriation of the net earnings for the year:

  • Free Reserves: 147,299,919.43 euros;
  • Dividends: 411,624,414.10 euros.

The proposed distribution of profits for the year represents a gross dividend payment of 0.655 euros per share, excluding own shares in the portfolio.

Lisbon, 5 March 2024
The Board of Directors

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