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Although Jeronimo Martins offers attractive medium-term growth prospects, the short-term position is less encouraging as decelerating inflation and weak consumer demand in various markets impact sales.

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Lower fixed prices are being offered in selected European markets by Lidl. We also look at recent developments in the region from the discounter. Growth markets targeted with lower prices Lidl shoppers in Denmark, Finland, Estonia, Lithuania and Latvia can now benefit after the discounter announced the permanent reduction in price for over 100 products in its assortment. Everyday items, ...
Jerónimo Martins has reported its 2023 first half results, revealing that sales increased 22.1% to €14.5bn. Following today’s analyst webcast, we share five things we learned about what’s driven performance. 1. Biedronka’s revenue breaks the €10bn barrier In Poland, Biedronka’s H1 sales increased by 24% to €10.5bn, with the retailer continuing to report double digit like-for-like growth and...
Our global analysts share some of the latest headlines across the globe. Here's what you need to know. Europe Europe’s leading grocery retailers in 2027 (Subscriber webinar) Tuesday 27 June 2023 10:00 BST Join us for an overview of the European grocery landscape, highlighting the region’s leading retailers and how we expect them to grow and evolve over the next five years. The...


As global inflation has started to ease, we have reforecast our growth expectations for global, regional and country channels to 2028 This report shares the European view of our channel forecasts to 2028, combining data from 21 major markets across the region. It provides data by market on different channels’ performance and summarises the key insights and implications for suppliers.
In this presentation we look at the regional and country forecasts for grocery retailing to 2028.
The efficiency imperative is one of the six global trends we identified as key for 2023. At the forefront of our thinking has been the inflationary backdrop in many markets that has driven a significant increase in production costs and retail prices. Meanwhile, the collective actions of central banks have increased borrowing costs, putting pressure on businesses, and consumers. This has led to an intense focus on driving out costs, improving efficiencies and delivering value to consumers in new ways.

Key Presentation

Portugal Country Presentation

A guide to Portugal’s grocery market and how we expect the country, its leading retailers and channels to evolve over the next five years.

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5-year forecasts to 2028

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Gain a view of what future growth to expect and start building your long-term strategy with our retailer and market forecasts to 2028.

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