JUMBO Group Reports Consolidated and Standalone Earnings Financial Results for the Year Ended June 30, 2018; Reports Sale Results for the First Quarter Ended September 2018; Plans to Open New Store in Bulgaria
For the year, on standalone basis, the company reported turnover was EUR 632.65 million from EUR 583.50 million of the previous financial year. EBITDA was EUR 141.10 million from EUR 132.13 million of the previous financial year.
For the first quarter ended September 2018 sales increased by approximately 6%, despite the particular conditions that prevailed in the Greek market, which still contributes approximately 60% to the Group's total sales.
The company intends to open new store in Bulgaria within the next two years.