Jeronimo Martins’s full-year sales maintained a strong growth pace, +8.3% yoy to €13,728m, supported by positive sales momentum in all operations. Despite tougher competition and food deflation in Poland (-1.7%), Biedronka witnessed an increase in sales (+3.2% lfl) following the improvement in its offer and a selective expansion programme. During 2015, Biedronka opened 102 stores and revamped stores at a cost of almost €200m. Following the focus on sales densities in stores, t
