Press Release Regarding First Half Results
Jumbo group the biggest retail company of toys, baby products, stationary products and other relevant products in Greece announces that it participated in meetings with investors (roadshow), on February 4th, in Frankfurt.
The company’s President and CEO presented the activities and the strategy of the Group. The company’s management referred and to the group’s performance during the first half of the current financial year (01/07/2008-31/12/2008). The Group achieved sales growth above 15% y-o-y while earnings after tax are expected to grow by 15 y-o-y instead of the initial estimate of 12% y-o-y at the beginning of January.
The group, having ensured in time the financing for its expansion program for the next two years, accelerates its investments in Bulgaria where the Group’s presence is particularly successful.
The official results of the Company and the Group for the first half of the current financial year will be announced on 26 February after the close of the ATHEX session.
The presentation of Group has been published at the ATHEX web page and at the company’s web page www.jumbo.gr.