Jeronimo Martins Jumps on H1 Results as Biedronka Margins Top Estimates
Shares of Jeronimo Martins rose about 5.0% to €18.37 after the retailer reported First Half 2026 results in which Biedronka’s EBITDA came in roughly 2.6% above consensus. While like-for-like sales at Biedronka declined about 1.6% year-over-year versus an expected 0.4% fall, the margin outperformance and a reaffirmed Overweight from JPMorgan underpi…