Jerónimo Martins profits up 7.9% to €646 million in 2025

Jerónimo Martins closed last year with profits of €646 million, a figure that represents an increase of 7.9%, announced this Wednesday the group led by Pedro Soares dos Santos, which saw its net profit grow again after falling 20.8% in 2024.

In a statement sent to the Securities Market Commission (CMVM), the owner of Pingo Doce recalls that sales increased 7.6% in 2025 to €35,991 million, as announced in the preliminary results, noting that EBITDA (earnings before interest, taxes, depreciation and amortization) rose 11.1% to 2.5 billion euros, with the respective margin standing at 6.9% (6.7% in 2024).

Net Sales: €35.99Bn (+7,6% on 2024)
Net profit: €646 milhões (+7,9% on 2024)
Net profit 4Q: €163 million (vs. €159 million on 4Q 2024)
Sales growth (Pingo Doce 4Q): +5%
Proposed dividend: €0,65 per share
Estimated Capex (2026): €1.2Bn

“In 2025, despite the pressure exerted by geopolitical challenges and commercial tensions in the international economy in general and in the markets where we operate in particular, our companies demonstrated a remarkable ability to adapt, delivering robust sales growth, good results and cash generation, and preserving the return on invested capital”, states the chairman of the board of directors and CEO of Jerónimo Martins, Pedro Soares dos Santos, in the message accompanying the results.

And the prospects for 2026 are not encouraging: “The year begins with an escalation of geopolitical instability, the effects of which on the different macroeconomic indicators, including the price of energy and food inflation, are, at this moment, unpredictable.”

Source: Negócios, Credits: JM