Satisfactory sales increase for the first two months of the current financial year July 2010-June 2011
The sales of the two first months of the current financial year July 2010-June 2011 are positive within the management’s guidance of 2% increase in annual sales. It is noted that the sales of September consist of the back to school period; a period that traditionally represents the 10% of the annual sales.
The Group operates 46 stores, including the opening of the third hyper store in Bulgaria. Five new stores are going to start their operations up to December 2010; three of them will be located in Greece, one in Cyprus and one in Bulgaria.
The company will announce the results for the financial year ended in June 2010 on September 23rd, 2010 after the end of trading on Athens Exchange.