The owner of Biedronka shows the results. Jeronimo Martins had a net profit of EUR 214 million

Jeronimo Martins Group, owner of, among others, Biedronka stores, had EUR 214 million of net profit of the parent company in the third quarter of 2025, by 14.6%. more than a year ago – the company said in the report.

Revenues increased by 7.9% in this period. up to EUR 9.138 billion. The company's EBITDA amounted to EUR 664 million, which means an increase of 11.9%. rdr.

Cumulatively, after three quarters of 2025, the group's EBITDA increased by 10.9%. y/y to EUR 1.811 billion with revenues of EUR 26.534 billion (an increase of 7.1% y/y). The net profit of the parent company amounted to EUR 484 million (an increase of 10% y/y).

Biedronka's revenues in the third quarter amounted to EUR 6.4 billion, i.e. increased by 8%. y/y, and in local currency they increased by 7.4%. rdr. After three quarters, sales amounted to EUR 18.753 billion (an increase of 7.4% yoy and an increase of 5.8% in local currency).

LFL sales in Biedronka increased by 3.6% in Q3, and after 9 months the LFL increase amounted to 1.8%.

Biedronka's EBITDA amounted to EUR 1,477 million after three quarters compared to EUR 1,343 million a year ago. The EBITDA margin increased to 7.9%. with 7.7 percent a year earlier.

Jeronimo Martins maintained its August 2025 assumptions.

“In an uncertain environment, our brands remain committed to ensuring price competitiveness, maintaining consumer preferences and strengthening our market position,” the report said.

The group pointed out that in Poland, the increase in the minimum wage has resulted in an increase in household disposable income, but the intensity of competition shows no signs of weakening in the grocery market, which is experiencing slight growth.

As stated, Biedronka's priority will still be sales.

“To protect profitability and respond to pressure from low basket inflation, rising wage costs and weak food consumption dynamics in the country, Biedronka will continue to focus on cost efficiency and implement additional efficiency measures,” the group said.

Biedronka is expected to open 130 to 150 stores (net) this year. The renovation program is expected to cover approximately 200 locations. There are also plans for a new distribution center.

As reported, at the end of 2026, the Biedronka chain is to have at least 50 stores in Slovakia.

The CAPEX of the Jeronimo Martins Group after three quarters of 2025 amounted to EUR 816 million compared to EUR 648 million a year earlier, of which expenditures in Biedronka reached EUR 388 million. The group reported that the investment plan is progressing as planned. For the entire year, expenditures should amount to slightly above EUR 1 billion.

Since the beginning of 2025, Biedronka has opened 111 stores and rebuilt 110 locations. (PAP Business)

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