Jeronimo Martins H1 FY26 net profit falls 3.3% to EUR 260 million; net sales and services rise 5.1% to EUR 18.28 billion

• Jeronimo Martins posted H1 2026 net profit of EUR 260 million, down 3.3% year-on-year; EPS slipped 3.5% to EUR 0.41.
• Net sales climbed 5.1% to EUR 18.28 billion; EBITDA rose 7.6% to EUR 1.24 billion, lifting the margin 0.2 percentage points to 6.8%.
• Net financial costs increased 22.7% to EUR 193 million; net debt stood at EUR 4.43 billion at end-June.
• Biedronka sales increased 1.7% to EUR 12.6 billion with LFL at 0.2%; EBITDA margin improved to 8% amid basket deflation.
• Management flagged persistent price-led competition in H2; 2026 investment is expected at about EUR 1.2 billion.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Jeronimo Martins SGPS SA published the original content used to generate this news brief on September 02, 2026, and is solely responsible for the information contained therein.