Jerónimo Martins
Food retail · Portugal
Jerónimo Martins is a Portuguese food retailer whose main business is Biedronka, Poland’s largest grocery chain, alongside Pingo Doce and Recheio in Portugal and Ara in Colombia.
What makes it different
Most of this Portuguese grocer’s sales come from Poland.
70.4%Biedronka share of salesFY2025
Biedronka, bought into in 1995, now brings about 70% of sales and 80% of EBITDA.
How big it is
How big is Jerónimo Martins?
€36.0BNet salesFY2025
6,523StoresFY2025
147,709EmployeesFY2025
How it makes money FY2025
Biedronka in Poland brings most sales.
- Biedronka71%€25.34B
- Pingo Doce15%€5.34B
- Ara9%€3.23B
- Recheio4%€1.40B
- Hebe2%€626M
How the business works
Cheapest neighbourhood store, own brands, reinvest.
- 1Small neighbourhood stores
- 2Price leadership with own brands
- 3€1.2B a year in stores
Leadership in each market brings the buying scale that funds the lowest prices, which in turn brings more visits.
Who owns it
- Sociedade Francisco Manuel dos Santos B.V. (Soares dos Santos family)56.14%
CEO: Pedro Soares dos Santos
Who it competes with
Key moments
- 1792Jerónimo Martins opens a store in Lisbon
- 1921Francisco Manuel dos Santos acquires the business
- 1980First Pingo Doce supermarket
- 1989Listing on the Lisbon Stock Exchange
- 1995Entry into Poland with Biedronka
Sources
Every number on this page comes from Jerónimo Martins's own reports.
Full profile
The rest of the story is in the app.
What Jerónimo Martins tracks28 metrics
Stores
Biedronka stores in Poland
Ara stores in Colombia
Results, quarter by quarterwith a chart
Revenue
Profit
Margin
Where the money comes from3 regions
Poland
Portugal
Colombia
The full timeline21 moments
2024
2025
2026
Jerónimo Martins vs Lidlside by side
Revenue
Profit
People
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