JRONF OTC

Jerónimo Martins, SGPS, S.A. is a prominent player in the food distribution and specialized retail industries, with extensive operations spanning Portugal, Poland, and Colombia. The company structures its diverse business through segments such as Portugal Retail, Portugal Cash & Carry, Poland Retail, Colombia Retail, and a consolidated 'Others, Eliminations and Adjustments' category. In Poland, it manages a substantial network of 3,250 Biedronka food stores, alongside 290 Hebe health and beauty outlets. Colombia sees the company operating 819 Ara-branded food stores. Domestically, in Portugal, its portfolio includes 460 Pingo Doce supermarkets and 38 Recheio stores complemented by 4 Recheio platforms. Furthermore, its Portuguese ventures extend to Pingo Doce restaurants, Bem-Estar stores, and Code-branded petrol stations and clothing lines. Other retail formats include 20 Jeronymo kiosks and coffee shops, and 21 Hussel stores specializing in chocolates and confectionery. Beyond its core retail activities, Jerónimo Martins engages in a wide range of complementary businesses. These include human resources leadership, property management and transactions, training programs, and aquaculture specializing in saline brackish waters. The company is also involved in agricultural production, such as crop cultivation and animal farming, alongside the wholesale of fruits and vegetables, and the manufacturing of milk and dairy products. Its scope extends to retail management consultancy, logistics, the trade and distribution of both food and non-food consumer goods, and various corporate support services like economic and accounting functions, business portfolio management, and financial operations. Uniquely, it also provides sea passenger water transport services. Established in 1792, Jerónimo Martins, SGPS, S.A. has its headquarters in Lisbon, Portugal, and operates as a subsidiary of Sociedade Francisco Manuel dos Santos, SGPS, S.E.