Jeronimo Martins, Sgps S.a. · EURONEXT:JMT
Jeronimo Martins, Sgps — Jerónimo Martins — Merger or Acquisition (December 2007)
6 slides from Jeronimo Martins, Sgps's merger presentation, Dec 21, 2007
Slide 1: Acquisition of Plus Discount Supermercados and Plus Discount Poland
Acquisition of: - Plus Discount Supermercados, Lda. in Portugal and - Plus Discount Sp. z o.o. in Poland
Slide 2: Plus acquisition in Portugal and Poland
Plus acquisition in Portugal and Poland • These acquisitions are an important step in the execution of the growth strategy of Jerónimo Martins: • Reinforces nationwide presence in the Portuguese supermarket sector • Consolidates leadership position in the Polish discount segment • Acquisition of the
Slide 3: Plus in Portugal
Plus in Portugal • Plus network ¾ 75 stores (as of 20th December 2007) ¾ 61,000 sqm of selling area ¾ 2 new stores under construction ¾ 35 new stores in the pipeline ¾ Real estate not included ¾ Net sales in 2007 (12 months ended April 07) – Euro149 mn • Plus network integration in Pingo Doce ¾ Appr
Slide 4: Plus in Poland
Plus in Poland • Plus network ¾ 210 stores (as of 20th December 2007) ¾ 150,000 sqm of selling area ¾ 6 new stores under construction ¾ 22 new stores in the pipeline ¾ Real estate not included ¾ Net sales in 2007 (12 months ended April 07) – Euro344 mn • Plus network integration in Biedronka ¾ Netwo
Slide 5: Plus acquisition in Portugal and Poland
Plus acquisition in Portugal and Poland • Acquisition expected to be positive, at the net earnings level, in year two • Stores integration expected to occur by the end of H1 2008 • Expansion plans in Portugal are under-revision and we foresee a reduction of the planned new stores for the coming year
Slide 6: Acquisition of Plus Discount Supermercados and Plus Discount Poland
Acquisition of: - Plus Discount Supermercados, Lda. in Portugal and - Plus Discount, Sp. z o.o. in Poland
Jerónimo Martins — Merger or Acquisition (December 2007) on 6ix