What are Mission Vision & Core Values of Jeronimo Martins Company?

The mission statement highlights Jeronimo Martins's dedication to its customers. The focus on providing safe, healthy, and affordable food solutions directly addresses the daily needs of millions of consumers across various markets. This customer-centric approach is a cornerstone of their business strategy.

A key element of the Jeronimo Martins Mission is affordability. The company aims to make food accessible to everyone, regardless of their economic background. This is particularly evident in Biedronka's operations in Poland, where competitive pricing is a major draw for consumers.

The mission statement explicitly mentions "respecting the principles of sustainable development." This reflects Jeronimo Martins's commitment to environmental and social responsibility. Initiatives like reducing food waste and using recycled packaging are examples of this commitment in action.

Jeronimo Martins operates various retail formats, including supermarkets, hypermarkets, and cash & carry stores. The mission statement encompasses all these formats, indicating a broad scope of operations. This diversification allows the company to cater to a wide range of consumer preferences and needs.

The emphasis on providing "safe and healthy" food products underscores Jeronimo Martins's commitment to quality and consumer well-being. This focus is critical in building and maintaining consumer trust, which is essential for long-term success. They are committed to ensure the highest standards of food safety across their supply chains.

The Jeronimo Martins mission statement provides a clear framework for strategic decision-making. It guides the company's investments, product development, and operational strategies. The mission serves as a compass, ensuring that all actions align with the company's core values and long-term goals.

The primary focus of the Jeronimo Martins Vision is to attain and solidify its leading market position. This involves strategic planning, operational excellence, and a deep understanding of consumer needs. This focus ensures that the company continually strives for improvement and innovation.

The vision's scope is clearly defined by the markets in which Jeronimo Martins operates. This targeted approach allows for tailored strategies and efficient resource allocation. Currently, the company's primary focus is on Poland and Colombia, reflecting its strategic priorities.

The vision balances aspiration with realism. While aiming for leadership, it acknowledges the competitive landscape and the need for continuous improvement. This balance ensures that the Jeronimo Martins Goals are both challenging and achievable.

Jeronimo Martins' strategic investments, such as the planned €1.1 billion in 2025, directly support the vision. These investments are primarily allocated to expanding its store network, particularly Biedronka in Poland and Ara in Colombia. These investments are a testament to the company's commitment to its vision.

The company's expansion plans, including opening over 300 new stores in 2025, are a direct manifestation of its vision. This aggressive expansion strategy is a clear indication of Jeronimo Martins’ ambition to strengthen its market position. The company is focused on sustainable development.

Jeronimo Martins aims to achieve market dominance through strategic initiatives and operational excellence. The company's success in Poland, where Biedronka is the undisputed food retail leader, serves as a benchmark for its aspirations in other markets. The Jeronimo Martins Strategy is to replicate this success.

Investing in the agri-food business is a strategic move that supports Jeronimo Martins' mission to provide safe and healthy food. This vertical integration strengthens the supply chain and allows for greater control over product quality.

Jeronimo Martins' vision of market leadership drives its expansion strategy, with significant investments aimed at increasing its footprint in key regions. This expansion is a clear indication of its commitment to growth and market dominance.

A substantial investment of €1.1 billion in 2025 is primarily allocated to opening new stores in Poland and Colombia, demonstrating a commitment to expanding its market presence. This investment is a key component of its long-term growth strategy.

The acquisition of Colsubsidio supermarkets in Colombia further exemplifies Jeronimo Martins' aggressive expansion strategy. This strategic move strengthens its position in the Colombian market and contributes to its overall growth objectives.

Jeronimo Martins integrates sustainable development into its mission and values, influencing its operational practices and long-term planning. This commitment is crucial for creating meaningful value for all stakeholders.

The company's corporate responsibility agenda includes setting targets for reducing food waste and greenhouse gas emissions. These efforts are seen as essential for creating shared value and ensuring the company's long-term sustainability.

Several initiatives undertaken by Jeronimo Martins exemplify its commitment to its mission and vision. These initiatives translate the company's guiding principles into tangible actions, impacting its business operations and stakeholder relationships.

Biedronka, the largest retail chain in Poland and a core part of Jeronimo Martins' operations, plays a crucial role in implementing the company's mission. Its focus on price leadership and expanding its store network directly supports the mission of providing affordable food and the vision of market leadership in Poland. In 2023, Biedronka opened 160 new stores, demonstrating continued expansion. Biedronka's sales reached €19.8 billion in 2023, a 20.3% increase compared to 2022, reflecting its strong market position.

The development of Jeronimo Martins' agri-food business is another key initiative that aligns with its mission. By gaining more control over the supply chain, the company ensures the quality and safety of its food products. This initiative supports the company's commitment to providing high-quality products to its customers. Investments in the agri-food sector totaled €150 million in 2023, reflecting the company's commitment to this area.

Leadership within Jeronimo Martins plays a vital role in reinforcing the company's mission, vision, and core values. This is achieved through consistent communication, integration into performance evaluations, and the promotion of a strong corporate culture. The company's leadership ensures that the values are not just stated but actively lived throughout the organization. The variable remuneration for corporate bodies is partly based on quantitative indicators aligned with the Group's strategic goals, ensuring alignment with the company's mission, vision, and values.