ECONOMY

Romania sales bolster Jumbo’s annual turnover

Romania sales bolster Jumbo’s annual turnover

Jumbo’s performance in the financial year from July 2018 to June 2019 has beaten the listed company’s original expectations last October, as it announced a 7.8 percent annual growth in turnover to 812.2 million euros, against an estimate for a 5-7 percent rise.

Revenues received a major boost from the 30 percent advance in sales in Romania, while sales in Greece rose 3.5 percent year-on-year and 2 percent in Cyprus.