Jeronimo Martins SGPS SA (CHIX:JMTu)
€ 18.355 0 (0%) Market Cap: 11.59 Bil Enterprise Value: 14.78 Bil PE Ratio: 18.11 PB Ratio: 4.07 GF Score: 77/100
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Q1 2022 Jeronimo Martins SGPS SA Earnings Call Transcript

Apr 29, 2022 / 08:00AM GMT
Release Date Price: €20.1 (-2.66%)
Operator

Good day, and welcome to the Jeronimo Martins First Quarter Results 2022 Conference Call. Today's conference is being recorded.

At this time, I would like to turn the conference over to Ms. Ana Luisa Virginia, Chief Financial Officer of Jeronimo Martins Group. Please go ahead, madam.

Ana LuÃ;sa Abreu Coelho VirgÃ;nia
Jerónimo Martins, SGPS, S.A. - CFO

­­ -

Thank you, Sharon. Good morning, ladies and gentlemen, and thank you for joining this call. As a reminder, and as usual, in our corporate website, a set of materials is available, including the release, a slide presentation and a factsheet adding a bit of color on our activities in the quarter.

2022 started with rising prices, particularly in food, transport and energy due to bottlenecks in international supply chain, following the pandemic. Despite increased pressure on disposable income, we operated in a resilient consumer environment in the quarter. The start of the war in Ukraine at the end of February had an immediate impact on consumer confidence,

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