Jerónimo Martins Annual Report 2024 - Annual Report 2024 – Jerónimo Martins

Message from the chairman

Fruits and vegetable section in a Pingo Doce store (photo)

Message from

the chairman

Message from the chairman

“Even in the face of enormous global challenges, we managed to make true progress on our overarching goal of creating meaningful and shared value for all our stakeholders.”

Pedro Soares dos Santos
Chairman and CEO of the Jerónimo Martins Group

Read the ceo letter

2024 in review

Our determination to keep price leadership led us to outperform in all markets while reinforcing our value propositions. Here are some of the main achievements of 2024.

FY Results

Despite the combination of food deflation and high-cost inflation, strong sales growth protected the Group’s profitability.

33,464 M€

Sales

2,232 M€

EBITDA

599 M€

Net profit

139,907

Employees

1,006 M€

CAPEX

6,123

Stores

Dashboard

Value chain

Our value chain

We are committed to creating value following a sustainable and socially responsible approach at every stage of our supply chain.

Primary production

We promote, with our suppliers and our own agribusiness Companies, the sustainable origin of raw materials, ecosystem protection initiatives and the adoption of good production practices.
Value chain
Industry

We work with our partners to pursue innovation and the sustainable development of their activities, with the goal of ensuring high-quality products that are safe, tasty and aligned with our sustainability strategy and goals.
Value chain
Operations

We seek to minimise our operations impacts, improve working conditions and support our people.
Value chain
Customer

We offer affordable, safe, healthy and quality food solutions, while promoting good eating habits and responsible consumption.
Value chain
Community

We support the communities, endeavouring to promote social cohesion and breaking cycles of poverty and malnutrition, namely through food donations and other direct support.
Value chain
Closing the loop

We have partnerships to guarantee the recyclability of our packaging, which is collected and transformed into new packaging.
Value chain
Primary production

We promote, with our suppliers and our own agribusiness Companies, the sustainable origin of raw materials, ecosystem protection initiatives and the adoption of good production practices.
Value chain
Industry

We work with our partners to pursue innovation and the sustainable development of their activities, with the goal of ensuring high-quality products that are safe, tasty and aligned with our sustainability strategy and goals.
Value chain
Operations

We seek to minimise our operations impacts, improve working conditions and support our people.
Value chain
Customer

We offer affordable, safe, healthy and quality food solutions, while promoting good eating habits and responsible consumption.
Value chain
Community

We support the communities, endeavouring to promote social cohesion and breaking cycles of poverty and malnutrition, namely through food donations and other direct support.
Value chain
Closing the loop

We have partnerships to guarantee the recyclability of our packaging, which is collected and transformed into new packaging.
Value chain