Jeronimo Martins SGPS SA (OTCPK:JRONF)
$ 19.23 0 (0%) Market Cap: 12.08 Bil Enterprise Value: 15.43 Bil PE Ratio: 18.06 PB Ratio: 4.05 GF Score: 91/100
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Half Year 2022 Jeronimo Martins SGPS SA Earnings Call Transcript

Jul 27, 2022 / 08:00AM GMT
Release Date Price: $20.98
Operator

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

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

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

­­ -

Thank you, Nadia. 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 fact sheet adding a bit of color on our activities in the quarter.

Starting with some words on the context. Throughout these first 6 months of 2022, we have operated under increasing inflation in the three countries. In Poland, despite the further decrease in consumer confidence after the war outbreak, food demand continued to record solid growth. The government's measures to reduce the impact of inflation on households combined with an

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