3 May 2007 - The Jerónimo Martins Group closed the 1st quarter of 2007 posting excellent levels of growth. Consolidated sales were up by 17.8% (+18.5% excluding the foreign exchange effect), reaching euro 1,136.3 million. Business expansion by Pingo Doce and Biedronka and the two chains' remarkable increase in Like-for-Like (LFL) sales were the main drivers of this very good performance. The Group's operating cash flow came to euro 63.7 million, rising by 3.2% on 2006 and corresponding to 5.6% of sales. The net profit attributable to Jerónimo Martins was euro 18.3 million (+ 5.5%).
- The Group’s profit reached euro 18.3 million (+5.5%).
- Operating cash flow was up by 3.2%, to euro 63.7 million.
- Pingo Doce and Biedronka continue successful path, with sales rising by respectively 15.8% and 31% (in local currency).