Jerónimo Martins reported solid results for the first nine months of 2026 despite challenging market conditions across Poland and other markets.
Group sales reached EUR 27.8 billion, up 4.8% year-over-year, or 3.8% at constant exchange rates. Like-for-like growth was 0.8%. EBITDA increased 7.6% to EUR 1.9 billion, with margin rising 18 basis points to 7%.
The company faced geopolitical uncertainty, food deflation in Poland, highly selective consumer behavior, intense competition, and rising fuel costs. All banners responded by combining competitive pricing and promotions with improved product assortment and private brand launches.
The company strengthened market positions through volume growth driven by commercial activity and improved sales mix, supported by disciplined operational execution.