Jeronimo Martins CIT payment up 12.4% y/y in 2017

Jeronimo Martins Polska, the owner of the Biedronka supermarket chain, will pay PLN 460.14 million in CIT tax for 2017, an increase of 12.4 percent y/y, the company stated. On April 6-7 the chain offered its clients over 2,000 products VAT-free. As many as 55 percent of clients took advantage of the promotion, with 5.22 million receipts including at least one VAT-free item. Biedronka’s chain grew by 101 stores in 2017 to reach a total of 2,823 stores.