date:Nov 04, 2013
, and said sales were up 12.5% to 1.95bn (+15.5% in local currency terms), with a like-for-like rise of 4%.
In Portugal, its Pingo Doce supermarket banner recorded a 4.1% rise to 837m (+4% LFL), while its Recheio banner saw growth of 3.6% to 234m (+2.1% LFL). The group said conditions remained tough in the austerity-hit market, but added that it was seeing some signs of stabilisation.
Jeronimo Martins said that for the full year, it expects to once more deliver sales growth ahead of the market