The up to date performance supports the Group's strategy that consumers consistently reward the company's determined and undeniable effort to bring prices in line with incomes. This strategy applies to thousands of SKU'S.
- Overall, for the 11-month period, the Group sales increased by c. 15% y-o-y.
- Considering the up to date performance, management works hard to deliver its full-year estimate of a 12% y-o-y growth in sales and a 15% y-o-y growth in profitability.
Since the beginning of the year to date, the following stores have been in operation:
• The Group's online store in Romania
• the new owned hyper-store in Iasi (Romania)
• the new leased hyper-store in the center of Plovdiv (Bulgaria)
Sales performance by country:
Greece:
In November 2023, the net sales of the parent company - excluding intragroup sales - increased by c. 11% y-o-y.
Overall, for the 11-month period of 2023, the net sales of the parent company - excluding intragroup sales - increased by c. 16% y-o-y.
Cyprus:
The network's sales increased by c. 4% y-o-y in November 2023. Overall, for the 11-month period of 2023 the network's sales increased by c. 12% y-o-y.
Bulgaria:
The network's sales increased by c. 13% y-o-y in November 2023. Overall, for the 11-month period of 2023 the network's sales increased by c. 14% y-o-y.
Romania:
The network's sales (including the on-line store www.e-jumbo.ro) increased by c. 10% y-o-y in November 2023. Overall, for the 11-month period of 2023 the network's sales increased by c. 15% y-o-y.
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Jumbo SA published this content on 07 December 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 December 2023 08:20:19 UTC.