At the general shareholders’ meeting, six new appointments were approved for the Board of Directors, proposed by shareholder Francisco Manuel dos Santos: Agnieszka Slomka-Golebiowska, António Domingues, Fabio Villegas, Francisco Sá Carneiro, João Vale de Almeida, and Nigyar Makhmudova.
In addition to Pedro Soares dos Santos, Elizabeth Ann Bastoni, José Soares dos Santos (representing the Sociedade Francisco Manuel dos Santos), María Ángela Holguín Cuéllar, and Sérgio Tavares Rebelo were reappointed.
The Board of Directors comprises a total of 11 members.
Pedro Soares dos Santos has served as Chairman of the Board of Directors since December 18, 2013.
In a statement sent to the Portuguese Securities Market Commission (CMVM), the owner of Pingo Doce announced the approval of a gross dividend of 59 euro cents per share (excluding treasury shares).
The dividend payment is scheduled for May 15, with shares set to trade ex-dividend two business days prior, on May 13.
Jerónimo Martins also confirmed the approval of the 2024 financial statements, including the management report, individual and consolidated accounts, corporate governance report, and other corporate and audit-related documents.
The assembly also expressed appreciation, recognition, and confidence in the Board of Directors and each of its members, with special acknowledgment of the Chairman, Pedro Soares dos Santos, and the Audit Committee and its members.
Additionally, elections were held for the Board of Directors, Audit Committee, and general assembly board for the 2025-2027 term, along with the election of the Official Auditor and the Remuneration Committee for the same period. The company’s remuneration policy was also approved.
Jerónimo Martins reported a 20.8% drop in profits last year compared to 2023, resulting in 599 million euros. During the same period, sales increased by 9.3% to 33.464 billion euros. The earnings before interest, taxes, depreciation, and amortization (EBITDA) rose by 2.9% to 2.232 billion euros.
