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Sales increase by 7% in the 9 months of 2024 | TheGreekDeal.com
JUMBO GROUP
Sales increase by 7% in the 9 months of 2024
Jumbo Group's sales increased by 7% for the 9 months of January - September. In particular, according to the announcement of the listed company, in September there was a 6% increase in sales compared to the same month last year.
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Apostolos Vakakis, CEO Jumbo Group

Jumbo Group's sales increased by 7% for the 9 months of January - September. In particular, according to the announcement of the listed company, in September there was a 6% increase in sales compared to the same month last year.

"Consumers, both in Greece and in the other markets where Jumbo Group operates, rewarded - for another year - the unique price/quality ratio offered by the Group, despite the ongoing turmoil in the supply chain and the increased cost of transporting products," it said.

The months of October-November-December each year mark the time when -usually- the Jumbo Group realizes 35% of its annual turnover.

Jumbo Group continues its investment program and promises to maintain its strategic choice, despite the many individual problems in the markets.

By the end of October 2024, they are expected to be operational:

  • a privately owned hyper-store in Bucharest (Romania)
  • a privately owned hyper-store in Cyprus

On the Stock Exchange, the Group's management is implementing the recently approved - by the General Assembly - share buyback programme, with a view to rewarding the existing shareholders-partners for the trust they show in the company.

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