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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Q1 2023 Jeronimo Martins SGPS SA Earnings Call Transcript

Apr 27, 2023 / 08:00AM GMT
Release Date Price: $23.17
Operator

Good day and welcome to the Jeronimo Martins first quarter results 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, Madame.

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

­­ -

Thank you, Aiza. Good morning, ladies and gentlemen and thank you for joining this call to present first quarter 2023 results. In our corporate website, assessed materials is available. Comprising the release, a slide presentation and effect sheet.

Q1 figures indeed reflect a good start to the year. All banners leveraged the strong competitive positions held at year-end to continue fueling growth in a quarter when food inflation remains a key feature of the performance. With consumers progressively more pressured, our strategic focus remains unchanged with price competitiveness as the critical tool to drive growth, protect volumes and mitigate as much as possible

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