date:Nov 29, 2013
Portugal-based retailer Jeronimo Martins expects annual sales to grow by between 12 and 15 percent in the next three years and core earnings to expand at a similar pace, reinforcing its growth outlook after some concerns caused by its performance this year.
In presentations to investors and analysts on its strategic plan for the period, Jeronimo Martins also said on Thursday it will invest between 60 and 70 percent of 2.2 billion euros earmarked for capital expenditure in its main market Poland