Oct 26, 2023 / 08:00AM GMT
Operator
Good day and welcome to the Jerónimo Martins First 9 Months Results 2023 Conference Call. Today's conference is being recorded.
At this time, I would like to turn the conference over to Ms. Ana Luisa Virginia, Chief Financial Officer of Jerónimo Martins Group. Please go ahead, madam.
Ana LuÃsa Abreu Coelho VirgÃnia - Jerónimo Martins, SGPS, S.A. - CFO
Thank you, Nadia. Good morning, ladies and gentlemen, and thank you for joining this call to present our first 9 months 2023 results. As always in our corporate website, you can find the results release, a slide presentation and a fact sheet. Our consistent focus on price competitiveness drove the strong sales performance that limited the effects of high cost inflation on EBITDA margin in a context of declining food inflation. In the 9 months period, group sales increased by 22.1% to reach EUR 22.5 billion. At constant exchange rates, sales increased by 21.2%. Our commitment to price leadership and top line performance drove EBITDA to grow by 18% and to reach EUR 1.6
Nine Months 2023 Jeronimo Martins SGPS SA Earnings Call Transcript
Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis | |
30-Year Financial on one screen | |
All-in-one Stock Screener with unlimited filters | |
Customizable Stock Dashboard | |
Real Time Insider Trading Transactions | |
8,000+ Institutional investors’ 13F holdings | |
Powerful Excel Add-in and Google sheets Add-on | |
All data downloadable | |
Quick customer support | |
And much more... |
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot