Jeronimo Martins SGPS SA (OTCPK:JRONF)
$ 19.23 0 (0%) Market Cap: 12.24 Bil Enterprise Value: 15.61 Bil PE Ratio: 18.11 PB Ratio: 4.07 GF Score: 91/100
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Q1 2019 Jeronimo Martins SGPS SA Earnings Call Transcript

Apr 26, 2019 / 08:30AM GMT
Release Date Price: $14.8
Operator

Ladies and gentlemen, thank you for standing by, and welcome to Jerónimo Martins Q1 2019 Results Call. (Operator Instructions) I must advise you the call is being recorded today, Friday, the 26th of April 2019.

I would now like to turn the conference over to your first speaker today, Ana Luisa Virgínia, Chief Financial Officer of Jerónimo Martins. Please go ahead.

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

­­ -

Good morning, ladies and gentlemen, and thank you for joining this call to present Jerónimo Martins first quarter 2019 results.

As a reminder, materials include the release and a slide presentation, both available in our corporate website. I will now take you through the presentation.

A brief initial remark to stress that on the application of IFRS 16, which shows the modified retrospective methods, and therefore, we will not make any restatement on 2018 figures. As the new standard does not change the way we measure the performance of our businesses,

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