Its sales showed a 7% increase Jumbo Group in the nine months of 2024, while September 2024 showed a 6% increase in sales compared to the corresponding month last year.

According to a related announcement, 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 selection strategy, despite the many individual problems in the markets. By the end of October 2024, a privately owned superstore in Bucharest (Romania) and a privately owned superstore in Cyprus are expected to be operational

At Stock exchangethe management of the Group implements the recently approved -by the general assembly- share buyback program, with the aim of rewarding the existing shareholders-partners for the trust they show in the company.

In Greecein September 2024, the parent company’s net sales (excluding intercompany transactions), showed an increase of approximately 7%. Overall for the nine months of 2024, the parent company’s net sales – excluding intercompany transactions – showed an increase of approximately 7% compared to 2023.

The sales of the Cyprus storesduring September 2024, remained at last year’s levels. In total, the sales of the stores in Cyprus for the nine months of 2024 are increased by approximately 1% compared to the corresponding period last year.

At Bulgaria network sales in September 2024 were up around 7%. In total, sales in Bulgaria, for the nine months of 2024, have increased by approximately 8%, compared to the corresponding period last year.

At Romaniathe sales of the network as well as the online store (www.e-jumbo.ro) recorded an increase of approximately 6% in September 2024, compared to the corresponding month last year. Overall, sales in Romania, for the nine months of 2024, are up by around 12%, compared to the corresponding period last year.