Jeronimo Martins' quarterly profit drops 20% hit by falling margins
Published by Global Banking & Finance Review®
Posted on March 19, 2025
1 min readLast updated: January 24, 2026

Published by Global Banking & Finance Review®
Posted on March 19, 2025
1 min readLast updated: January 24, 2026

Jeronimo Martins' Q4 profit fell 19.7% due to margin pressures in Poland, despite a 3.6% EBITDA growth, missing analyst expectations.
(Reuters) - Portuguese retailer Jeronimo Martins on Wednesday posted a 19.7% drop in fourth-quarter net profit despite robust sales, as discounts offered in its key market Poland, along with stubborn cost inflation, hit its margins.
The food retailer said in a statement it earned 159 million euros ($173.12 million) in the quarter, missing the 175 million average forecast by analysts polled by LSEG.
Consolidated earnings before interest, taxes, depreciation and amortization (EBITDA) grew 3.6% to 598 million euros, but its EBITDA margin slipped to 6.9% at end-2024 from 7.1% a year earlier.
($1 = 0.9184 euros)
(Reporting by Sergio Goncalves; editing by Diane Craft)
The main topic is Jeronimo Martins' 19.7% drop in quarterly profit due to falling margins in Poland and cost inflation.
Jeronimo Martins' EBITDA grew by 3.6% to 598 million euros, despite the drop in net profit.
The profit drop was mainly due to discounts in Poland and persistent cost inflation affecting margins.
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