In a statement sent to the Securities Market Commission (CMVM), Jerónimo Martins said that “2020 closes with a strong performance marked by an action more than ever focused on consumer needs, in a particularly difficult context”.

Last year, Pingo Doce’s sales fell 1.9 percent to €3.869 million, while Recheio’s fell 15.9 percent to €847 million.

In Poland, Biedronka’s sales increased 6.7 percent (+ 10.4 percent in local currency) to €13,465 million, with Hebe (health and wellness chain) falling 5.4 percent to €245 million.

In Colombia, the Ara chain saw sales grow 8.9 percent to (+ 24.4 percent in local currency) to €854 million.