Published by Global Banking & Finance Review®
Posted on October 29, 2025
1 min readLast updated: January 21, 2026
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Jeronimo Martins' Q3 profit rose 15%, driven by sales growth and increased EBITDA, despite a competitive market.
LISBON (Reuters) -Portuguese retailer Jeronimo Martins posted a near 15% rise in its third-quarter net profit on Wednesday, as sales and core earnings increased despite fierce competition and a complex market environment.
The company, whose main market is Poland, where it operates the country's largest food retailer Biedronka, booked a net profit of 214 million euros ($250 million) in the quarter.
Net sales rose nearly 8% to 9.14 billion euros and earnings before interest, taxes, depreciation and amortisation (EBITDA) increased about 12% to 664 million euros.
"We confirm the outlook disclosed on 1 August 2025. In an uncertain environment, our banners remain committed to ensuring price competitiveness, sustaining consumer preference, and reinforcing our market positions," the company said in a statement.
It said the 9.2% minimum wage increase in Poland boosted household disposable income, but "competitive intensity shows no signs of easing in a food retail market that offers muted growth".
($1 = 0.8575 euros)
(Reporting by Andrei Khalip, editing by Sergio Goncalves)
Net profit is the amount of money a company earns after all expenses, taxes, and costs have been deducted from total revenue. It is an important indicator of a company's profitability.
Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) is a measure of a company's overall financial performance. It focuses on earnings from core operations without the impact of capital structure and tax rates.
Net sales refer to the total revenue from goods sold or services provided, minus returns, allowances, and discounts. It reflects the actual revenue a company retains from its sales activities.
Consumer preference refers to the tendency of consumers to favor certain products or brands over others based on factors like quality, price, and personal taste. It significantly influences market demand.
Price competitiveness refers to a company's ability to offer products or services at prices that are attractive compared to competitors. It is crucial for maintaining market share and attracting customers.
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