Jeronimo Martins SGPS (GB:0EXG) has released an update.
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Jeronimo Martins SGPS reported a robust first half of 2024 with a 12.3% increase in sales, reaching €16.3 billion, and a net result of €253 million despite market challenges and deflationary impacts. The company maintained competitive pricing and market leadership, particularly through its Biedronka and Pingo Doce brands, and continued to advance its sustainability agenda with targets validated by the Science Based Target Initiative. Additionally, the firm has prepared a Sustainable Finance Framework to support future sustainability-linked financing.
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