date:Apr 25, 2013
Net profit in the quarter rose to 75 million euros ($97.6 million). Jeronimo Martins, which is Poland's largest food retail firm via its Biedronka discount chain, said total sales rose nearly 16 percent in the quarter from a year ago to 2.77 billion euros.
Sales in Portugal at its main Pingo Doce supermarket chain rose 5 percent to 727 million euros despite a recession at home, which Jeronimo attributed to a successful discount campaign.
Earnings before interest, taxes, depreciation and amorti