Jumbo announced sales results for the first half-year ended December 2014. During the first half-year (July 2014 to December 2014), the group sales were increased by +7,70% year-on-year at EUR 341.13 million from EUR 316.74 million at the respective period of the last financial year. The combination of the bad weather conditions in Greece together with the negative sentiment in the retail sector due to the recent political developments, negatively affected the course of sales and limited the impressive improvement that the group recorded in the first quarter of the current financial year.

The arrhythmia in the Greek market is expected to be continued and for that reason the management reiterates the budget estimation for an annual increase of turnover between 4% and 6% at Group level.