Jeronimo Martins : Colombia CMD highlights
>Doubling down in Colombia - The company has just held its first analysts’ and investors’ meeting since 2016, solely focused on its Colombian operations. The main points stressed by management during the meeting were: i/ a € 1bn capex plan for the next five years to be rolled out for the opening of 1k stores, 5 new DCs, a few small support warehouses and store refurbishments to keep the store concept fresh. ii/ planned expansion in difficult to access areas/markets wi...Jeronimo Martins S.G.P.S. is a holding company. Through its subsidiaries, Co. is engaged as a food distribution company with operations in Poland and Portugal. Co. operates in four segments: Portugal Retail, which comprises the business unit of JMR - Gestao de Empresas de Retalho, SGPS, S.A. (Pingo Doce supermarkets); Portugal Cash & Carry, which includes the wholesale business unit Recheio; Poland Retail, which includes the business unit with the brand Biedronka; and Others, which includes marketing services and representations, restaurants in Portugal, health and beauty retail in Poland, and its retail business in Colombia.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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