In the financial year 2024, Jerónimo Martins, SGPS, S.A. declared consolidated net earnings of 599,001,274.01 euros and net earnings at its individual accounts of 705,214,945.63 euros.
Under article thirty-first of the Company’s articles of association, the Board of Directors proposes to the Company’ Shareholders the following appropriation of the net earnings for the year:
- Free Reserves: 294,438,755.83 euros;
- Endowment to Jerónimo Martins Foundation: 40,000,000.00 euros;
- Dividends: 370,776,189.80 euros.
The proposed gross dividend corresponds to 0.59 euros per share, excluding own shares in the portfolio.
Lisbon, 18 March 2025
The Board of Directors