Jerónimo Martins, SGPS Income Statement

Financials in millions EUR. Fiscal year is January - December.

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	35,233	33,464	30,608	25,385	20,889	19,293
Revenue Growth (YoY)	7.02%	9.33%	20.57%	21.52%	8.27%	3.51%
Cost of Revenue	27,989	26,613	24,357	20,053	16,392	15,067
Gross Profit	7,244	6,851	6,251	5,332	4,497	4,226
Selling, General & Admin	5,946	5,662	4,985	4,261	3,657	3,537
Other Operating Expenses	29	48	11	11	-2	5
Operating Expenses	5,975	5,710	4,996	4,272	3,655	3,542
Operating Income	1,269	1,141	1,255	1,060	842	684
Interest Expense	-351	-316	-237	-165	-147	-148
Interest & Investment Income	47	47	48	15	1	2
Earnings From Equity Investments	-1	-1	-1	-	-	-
Currency Exchange Gain (Loss)	3	20	26	-6	-1	-29
Other Non Operating Income (Expenses)	-15	-19	-11	-8	-6	-5
EBT Excluding Unusual Items	952	872	1,080	896	689	504
Merger & Restructuring Charges	-22	-20	-20	-12	-14	-23
Gain (Loss) on Sale of Investments	-	-	-	2	-1	-
Asset Writedown	-7	-11	-11	-1	-2	-1
Legal Settlements	-26	-13	-14	-26	-1	-2
Other Unusual Items	-27	-27	-24	-45	-19	-19
Pretax Income	870	801	1,011	814	652	459
Income Tax Expense	218	195	239	207	168	136
Earnings From Continuing Operations	652	606	772	607	484	323
Minority Interest in Earnings	-9	-7	-16	-17	-21	-11
Net Income	643	599	756	590	463	312
Net Income to Common	643	599	756	590	463	312
Net Income Growth	0.78%	-20.77%	28.14%	27.43%	48.40%	-19.97%
Shares Outstanding (Basic)	628	628	628	628	628	628
Shares Outstanding (Diluted)	628	628	628	628	628	628
EPS (Basic)	1.02	0.95	1.20	0.94	0.74	0.50
EPS (Diluted)	1.02	0.95	1.20	0.94	0.74	0.50
EPS Growth	0.78%	-20.77%	28.14%	27.43%	48.40%	-19.97%
Free Cash Flow	1,237	649	945	1,208	1,172	935
Free Cash Flow Per Share	1.97	1.03	1.50	1.92	1.86	1.49
Dividend Per Share	0.590	0.590	0.655	0.550	0.785	0.288
Dividend Growth	-9.92%	-9.92%	19.09%	-29.94%	172.57%	39.13%
Gross Margin	20.56%	20.47%	20.42%	21.00%	21.53%	21.90%
Operating Margin	3.60%	3.41%	4.10%	4.18%	4.03%	3.55%
Profit Margin	1.82%	1.79%	2.47%	2.32%	2.22%	1.62%
Free Cash Flow Margin	3.51%	1.94%	3.09%	4.76%	5.61%	4.85%
EBITDA	1,884	1,713	1,756	1,497	1,260	1,096
EBITDA Margin	5.35%	5.12%	5.74%	5.90%	6.03%	5.68%
D&A For EBITDA	615	572	501	437	418	412
EBIT	1,269	1,141	1,255	1,060	842	684
EBIT Margin	3.60%	3.41%	4.10%	4.18%	4.03%	3.55%
Effective Tax Rate	25.06%	24.34%	23.64%	25.43%	25.77%	29.63%
Advertising Expenses	-	191	139	118	112	97

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.