New JUMBO in Lavrio, The May sale’s give a strong positive sign
In spite of the pre-election inactivity of the market, Jumbo’s sales for the 10-month period which also include Easter sales, remained within the annual target (0% -1%). It is encouraging that the uncertainty that followed the election results in Greece did not effected consumer’s confidence in Jumbo stores and sales in May grow with a strong pace. That indication supports the management’s estimate for a sales growth between 0% and 1% for the current financial year.
Moreover, a few days ago the new rented Jumbo hyperstore started its operation in Lavrio, Attica, taking the total number of Group’s stores up to 57, of which 48 are in Greece, 3 in Cyprus and 6 in Bulgaria. The Group is proceeding to the completion and operation of one more store in Russell Bulgaria, in May.
Jumbo S.A. hereby announces that the nine month 2012 financial results will be published on Wednesday 23rd May, 2012 on the Athens Stock Exchange website (www.ase.gr) and on the Company’s website (www.jumbo.gr), after market close.