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Jerónimo Martins informs on Results for the First 9 Months of 2012 and Distribution of Free Reserves

25 Oct 2012 | Results Releases

Results for the First 9 Months of 2012 and Distribution of Free Reserves

The Group delivers a solid performance in the quarter in tougher conditions, with sales growth in both Poland and Portugal. Biedronka ends the quarter with the entire store network operating with the new layout, maintaining at the same time, in the nine months, a strong growth in sales (+18%) and EBITDA (+23%). In view of the strength of the Balance Sheet, the Board of Directors will request an extraordinary Shareholders meeting to approve the distribution in 2012 of €150 million from free reserves.


Page updated:25,of October of 2012