Overview
Description
Jerónimo Martins SGPS S.A. is a multinational company operating in the food distribution and retail sector. Its primary function is managing a diverse portfolio of retail chains, supermarkets, and hypermarkets. Founded in Portugal in 1792, Jerónimo Martins has expanded its operations significantly, with a strong presence in Poland through its Biedronka stores, which are the leading chain of discount grocery stores in the country. Additionally, it operates through Pingo Doce supermarkets in Portugal and Ara stores in Colombia, reflecting its strategic focus on markets with high growth potential.
Jerónimo Martins is noted for its robust network of supply chain management and commitment to offering quality products at competitive prices. The company engages in a significant amount of its operations in the fast-moving consumer goods (FMCG) sector, impacting industries ranging from food production to personal care products. As a key player in the European and Latin American retail markets, it plays a crucial role in the economic dynamics of these regions, contributing to consumer trends and market competition.
Jerónimo Martins’s market significance is underscored by its ability to adapt to changing consumer demands and its commitment to sustainability initiatives, which align with global environmental and social governance standards.
About
CEO
Mr. Pedro Manuel de Castro Soares dos Santos
Employees
111321
Address
Rua Actor AntOnio Silva n. o 7
Lisbon, 1649-033
Lisbon, 1649-033
Phone
351 217 532 000
Website
Instrument type
Common stock
Sector
Consumer Defensive
Industry
Food Distribution
Country
Germany
MIC code
XDUS