Jerónimo Martins H1 sales increased 7.8% YoY to EUR18.12 billion, driven by volume growth across all banners. EBITDA rose 3.3% to EUR1.20 billion, while net profit fell 3.7% to EUR302 million as intense price competition, particularly in Poland, pressured margins. Biedronka delivered sales growth of 8.3%, Pingo Doce grew 7.5% and Ara increased 17.2%. The group maintained its focus on volume, competitiveness and market share amid a challenging retail environment. (Jerónimo Martins)