Jumbo sales rise 7.6 pct in H2 2018

Jumbo sales rise 7.6 pct in H2 2018

Toy and homeware retailer Jumbo on Tuesday reported group sales of 476.7 million euros in the July-December 2018 period, up 7.6 percent on the same period in 2017.

This was mainly thanks to the 30 percent jump in sales in Romania and the 9 percent increase in Bulgaria, while sales rose 1 percent in Greece and 2 percent in Cyprus.

Jumbo has opened two new stores in Romania since fall 2018, taking its total in the country to 12.

In April 2019 it is set to open a 13th, in Braila, eastern Romania, covering some 12,000 square meters.

Subscribe to our Newsletters

Enter your information below to receive our weekly newsletters with the latest insights, opinion pieces and current events straight to your inbox.

By signing up you are agreeing to our Terms of Service and Privacy Policy.