An increase in sales by approximately 12% in October was announced by the Jumbo group, while in the 10-month period from January to October it reached approximately 11% compared to the corresponding period last year.
Sales in more detail:
In Greece: For October 2022, the net sales of the parent company (not counting intra-company transactions), showed an increase of approximately +4% compared to October 2021.
In total for the ten months of 2022, the net sales of the parent company – excluding intercompany transactions – showed an increase of approximately +13% compared to the corresponding ten months last year.
In Cyprus: Sales during October 2022 increased by approximately +24%, compared to the corresponding month last year, continuing their impressive dynamic course.
In total, sales in Cyprus for the ten months of 2022 have increased by approximately +23%, compared to the corresponding ten months last year.
In Bulgaria: Network sales recorded an increase of approximately +37% in October 2022, compared to the corresponding month last year.
The sales of the stores, in Bulgaria, for the ten months of 2022 should be increased by approximately +5% compared to the corresponding ten months of last year.
In Romania: Network sales increased by around +21% in October 2022, compared to the corresponding month last year.
Overall sales, in the Romanian market, for the ten months of 2022, are increased by approximately +1%, compared to the corresponding ten months last year.
The Jumbo Group takes advantage of its strong financial position and continues its investment program for 2022-2023.
The new superstore in the city of Sibiu, in Romania, is expected to open in mid-November.
Dividends
In addition, the JUMBO Board of Directors approved on 17.10.2022 the payment of an extraordinary cash distribution-dividends of 0.3850 euros per share for 2022.
The payment of the extraordinary cash distribution will take place on Thursday, December 15, 2022.
It is noted that until today company management implemented its commitment to maintain the dividend policy for 2021 and for 2022 by distributing a total amount of 0.77 euros per share (gross) with two equal distributions in January and June 2022.
στο Google News και μάθετε πρώτοι όλες τις ειδήσειςLatest News
Vardis Vardinogiannis: ‘On a Ship’s Bridge You Always Look Forward’
Ten milestones in the half century since the creation of Motor Oil Group, as described by Vardis Vardinogiannis, who passed away on Tuesday at the age of 91
DBRS Says Greek Banks ‘Shielded’ from ECB Rate Cuts
The agency explains that fund disbursements through the banking sector will help offset pressures anticipated on interest margins beginning in 2025, due to expected rate cuts by the European Central Bank (ECB).
Meta Cuts Facebook and Instagram Subscription Fees by 40%
The social media giant also revealed that it will continue to offer free access to Facebook and Instagram for EU users, provided they agree to see ads based on a limited set of user data.
Skyrocketing Use of Debit, Credit Cards
The total value of the transactions conducted with debit and credit cards in the country in the first half of 2024 rose 2% on the corresponding period of 2023
JP Morgan Revised Greece Outlook to ‘Overweight’
The investment bank notes that Greece is showing the strongest GDP growth in the Eurozone. Additionally, efforts to clear up bank balance sheets are anticipated to yield increased capital returns.
Vardis I. Vardinogiannis, Greek Tycoon and Shipping Magnate, Dies at 91
In 1990, Vardinogiannis was targeted in an attack which involved three rockets fired at his vehicle by the terrorist organization 17 November.
Kudos for Greek Sheep’s Milk Cheeses
Graviera is the Greek version of the Swiss gruyère, and is generally considered the second most popular cheese made in the country after feta
EIB Survey: Greeks Rank Climate Change as Top Concern After Cost of Living
Specifically, 98% of the Greeks surveyed stated that the country must to adapt to climate change, with 60% saying that priority should be given to these adjustment measures
Trump Tells Putin not to Escalate Ukraine War during Phone Convo
Meanwhile, President Joe Biden, is preparing to lobby Trump against abandoning U.S. support for Kyiv
Former Thessaloniki Mayor Yiannis Boutaris Dies at 82
Boutaris entered politics in 2010, serving as the 60th mayor of Thessaloniki for two consecutive terms until 2019, becoming a transformative figure with his progressive policies.
