date:Aug 01, 2013
the company said.
Biedronka sales rose to 1.85 billion euros, making up more than 64 percent of the retailer's total revenues.
Jeronimo Martins have gotten us used to being positively surprised every time and that did not happen this time, said Albino Oliveira, analyst at Fincor brokerage.
Jeronimo Martins is also expanding to Colombia, where it opened 14 stores in the first half of the year and plans to finish 2014 with 30 to 40 stores.
Total EBITDA rose 9 percent in the quarter to 183 mil