date:Aug 01, 2013
Portuguese retailer Jeronimo Martins posted an 8 percent rise in quarterly net profit driven by a 14 percent increase in sales in its key Polish market, which still fell short of analysts' expectations.
Net profit in the second quarter rose to 90 million euros ($119 million), roughly in line with forecasts and with sales in recession-hit Portugal edging up, the company said on Wednesday.
It kept its earlier estimate for double-digit percentage growth in sales and EBITDA (earnings before intere