Jerónimo Martins' profit falls 14.5% by September to 414 million euros

Jerónimo Martins reported a 14.5% decline in profit to €414 million for the first nine months of 2025, despite a 4.8% increase in sales to €27.815 billion. EBITDA rose by 7.6% to €1.95 billion. In Poland, Biedronka's sales grew by 0.7%, while the LFL was -0.4%. The chain opened 54 new stores and remodeled 155 locations. Hebe's sales increased by 4.0% to €469 million, with an EBITDA of €46 million. In Portugal, Pingo Doce's sales rose by 4.1%, and Recheio's sales increased by 1.5%. In Colombia, Ara's sales surged by 20.6%, with an EBITDA of €151 million, reflecting a 62.6% increase.