Jerónimo Martins has announced its Q1 2022 results, revealing a positive performance across all countries where it operates, Colombia, Poland, and Portugal. Sales performance Jerónimo Martins’ consolidated sales increased by 15.2% to €5.5 bn compared to Q1 2021. Group EBITDA increased by 15.5% to €372m, a strong first quarter considering high and increasing inflation across all operating ma...

Les Mousquetaires reported its total net sales, excluding fuel sales, rose 1.8% to €35.28 bn. Including fuel, the company said total sales net sales increased by 7.2% to €45.28 bn. The organisation’s retail division drove growth, with its Agromousquetaires agri-food division enjoying a sales increase of 0.4%, to €4.2 bn. Grocery banners see sales breach €30 bn mark (excluding fuel) Les Mous...

Spain’s leading grocer, Mercadona, generated gross sales of €27.8 bn in 2021, up 3.3% on 2020’s figure. Net income was €680m, a 6% decrease compared with 2020. Mercadona invested a total of €1.2 bn in 2021, €920m on 79 new store openings and store refits, €180m in its supply chain and €100m to drive the development of its online business. The retailer ended 2021 with 1,662 stores, 21 more than...