Sales up 8% in the first eight months of 2025
August maintained the Group’s upward momentum across all markets of operation, resulting to a sales increase of c. +8% for the January–August 2025 period, despite a challenging international environment marked by inflationary pressures, higher taxation (VAT) in Romania and overall market uncertainty.
Operational cost efficiency through freehold ownership
JUMBO Group continues to implement its strategy of sustainable growth and enhanced competitiveness, to benefit consumers and shareholder-partners.
To contain operating expenses, management selectively acquires the freehold where commercially and financially appropriate, aiming at optimal asset utilization and to improving returns on invested capital.
Between 2021–2024, approximately EUR 39 million was invested in freehold ownership of 5 previously leased stores in Greece and Romania.
- Year to date, 2 additional leased stores in Greece have been acquired, while the acquisition of another 2 (in Patras and Athens) is in process.
The JUMBO Group has developed a network of 89 stores to date, and with the completion of the above mentioned acquisitions, owned properties will account for 70% of the network in Greece, Cyprus, Bulgaria and Romania.
JUMBO Group remains committed to organic growth, strengthening its resilience, momentum and long-term value creation for shareholders and consumers. Investments also continue with the aim to expand the store network and strengthen the Group’s presence in key markets.
Romania is one of the most important markets for the Group’s growth. Today, 20 stores and the online store are in operation, while the strategic goal for the next eight years is to double the store network. In this context, an agreement is underway for the development of a new store in Baia Mare, which is expected to further strengthen the Group's growth trajectory in the country.
Sales performance by country:
Greece
In August 2025, the net sales of the parent company - excluding intragroup sales – increased by c. +7% y-o-y.
Overall, for the eight months of 2025 the net sales of the parent company - excluding intragroup sales – increased by c. 9% y-o-y.
Cyprus
The network's sales increased by c. +12% y-o-y in August 2025. Overall, for the eight months of 2025 the network's sales increased by c. 9% y-o-y.
Bulgaria
The network's sales increased by c. +7% y-o-y in August 2025. Overall, for the eight months of 2025 the network's sales increased by c. 3% y-o-y.
Romania
The network's sales (including the on-line store www.e-jumbo.ro) increased by c. 8% y-o-y in August 2025. Overall, for the eight months of 2025 the network's sales increased by c. 7% y-o-y.