Brief: Jeronimo Martins Estimates 2023 Investment To Be In Line With 2022 Of Which c.45% Will Be In Poland

Jeronimo Martins SGPS SA

25/10/2023 17:24

Oct 25 (Reuters) - Jeronimo Martins SGPS SA  JMT.LS :
    * COMMITTED TO LONG-TERM OBJECTIVES AND REITERATES ALL THE PLANS PREVIOUSLY DISCLOSED FOR
EACH OF
ITS BUSINESSES
    * INTENTION TO PRIORITIZE INVESTMENT, ESTIMATING IT TO BE IN LINE WITH 2022 (AROUND 1
BILLION
EUROS), OF WHICH C.45% WILL BE INVESTED IN POLAND
    * ONGOING COST INFLATION MIGHT CONTINUE TO PRESSURE THE EBITDA MARGIN (IN PERCENTAGE OF
SALES) IN
2023

Source text: https://tinyurl.com/54f28hz6
Further company coverage:  JMT.LS 

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