Jeronimo Martins SGPS SA (XLIS:JMT)
€ 20.38 0.34 (1.7%) Market Cap: 12.59 Bil Enterprise Value: 14.67 Bil PE Ratio: 18.00 PB Ratio: 4.55 GF Score: 97/100

Q3 2022 Jeronimo Martins SGPS SA Earnings Call Transcript

Oct 27, 2022 / 08:00AM GMT
Release Date Price: €20.38 (-4.41%)
Operator

Good day, and welcome to Jerónimo Martins First 9 Months 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 Abreu 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.

Whatever angle we choose to look at it, the 9 months' figures are undoubtedly a strong set of results. In very challenging context with consumers more and more pressured by rapidly mounting prices on all fronts, we decided to stand by the families and make our best efforts to contain price increases in our stores. This focus on price competitiveness underpins a sales

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