Biedronka signals interest in Carrefour’s Polish assets

Polish market concatenation Biedronka is prepared to prosecute a woody for a ample portion of Carrefour’s assets successful Poland if the French retailer decides to sell, reported Reuters, citing comments from Biedronka's CEO Luis Araujo.

French media reported successful September that Carrefour was considering an exit from Poland and had brought successful JP Morgan to counsel connected a imaginable transaction.

The radical acceptable retired an inaugural past period that aimed astatine lifting profitability and improving marketplace stock successful France, Spain and Brazil.

In 2025, Carrefour’s nett income amounted to €82.10bn ($94.69bn), portion gross borderline fell 22 ground points to 19.5%, which the institution attributed to terms investments and changes successful store mix.

Net income attributable to the radical declined to €319m from €723m successful 2024, with Carrefour citing higher taxation of €516m and integration costs.

At the net property league of Biedronka's genitor institution Jeronimo Martins, Araujo said: “We would similar to ⁠be a solution for galore of Carrefour's assets.

“We would beryllium bully partners for them (Carrefour franchisees), and it would beryllium affirmative for the state and for Polish consumers.”

Jeronimo Martins reported a 2.3% summation successful Q4 nett profit, which it linked to stronger income and margins astatine Biedronka.

It besides said rising geopolitical tensions had made the outlook for vigor prices and nutrient ostentation harder to predict.

Jeronimo Martins CEO Pedro Soares dos Santos said keeping EBITDA [earnings earlier interest, taxes, depreciation, and amortisation] margins dependable successful 2026 would beryllium “extremely challenging” fixed accrued geopolitical risks pursuing the caller warfare successful Iran.

He said companies had, up to now, absorbed higher substance costs without passing them on, but whitethorn request to reappraisal that stance from the extremity of the period owed to uncertainty astir the duration of the conflict.

He besides noted: “In Poland, we are seeing important deflation portion successful Portugal, ostentation is virtually non-existent.”

In a abstracted development, Carrefour moved into exclusive talks past period to merchantability its Romanian operations to Paval Holding.

If finalised, the woody would displacement Carrefour’s afloat Romanian concern to Paval Holding, which owns DIY retailer Dedeman.

Carrefour said the merchantability is expected to adjacent successful the 2nd fractional of 2026.

Carrefour Romania operates 478 sites crossed aggregate formats, comprising 55 hypermarkets, 191 supermarkets, 202 convenience stores and 30 discount units.

"Biedronka signals involvement successful Carrefour’s Polish assets" was primitively created and published by Retail Insight Network, a GlobalData owned brand.