Jerónimo Martins invests €2B in 3 years in Portugal, Poland, Colombia
In 2022, Jerónimo Martins made investments of €2 billion and paid bonuses to group employees of more than €700 million in those countries.
The CEO of Jerónimo Martins, owner of one of Portugal’s largest food retailers, said on Thursday that in the last three years the group has invested €2 billion in Portugal, Poland and Colombia, the three countries where it operates.
Pedro Soares dos Santos was speaking at a news conference in Lisbon to present the group’s results for 2022, a year in which Jerónimo Martins’ profit rose 27.5% last year compared to 2021, to €590 million, on sales up 21.5% to €25.385 billion.
“In these last three years, with Covid and war, I would like to leave these milestones: we opened more than on thousand stores,” he said, adding that the group had in the process created 15,500 new jobs in the three countries.
In 2022, he went on, Jerónimo Martins made investments of €2 billion and paid bonuses to group employees of more than €700 million in those countries.
The period since the pandemic started have been “three years of crisis, three years of difficulty,” he stressed, while noting that in this period the company did not stop investing and supporting the communities where it works.
Last year, the group paid €679 million in taxes in Poland, €148 million in Portugal and €18 million in Colombia.
