Biedronka Targets Carrefour Poland Assets Amid Market Shift

Poland’s top food retailer Biedronka is eyeing Carrefour’s Polish assets if the French group proceeds with a potential divestment.

CEO Pedro Soares dos Santos confirmed interest, positioning Biedronka to expand its market dominance in Poland through strategic acquisitions.

Reports indicate Carrefour has explored a sale of its Polish operations, appointing advisers as part of a broader portfolio optimization strategy.

The retailer recently outlined plans to strengthen profitability and boost market share across key regions, including France, Spain, and Brazil.

Jeronimo Martins reported €163 million net profit, with sales rising 8.7% to €9.46 billion, reflecting solid operational performance.

The group’s EBITDA margin improved to 6.9%, with Poland reaching 7.9%, signaling continued efficiency gains in its core markets.

However, management warned that maintaining margins in 2026 will be highly challenging due to geopolitical risks and rising cost pressures.

Shares fell 6.59% in Lisbon, as investors reacted to uncertainty over inflation trends and potential consumer price adjustments.

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