The sales of the Jumbo Group recorded an increase of approximately 3% in July, in contrast to the general picture of the market, while overall sales during the first seven months of the year (January-July 2022) are recorded to have increased by approximately +11%. However, as the listed company notes in its announcement, the disruption […]
Tag: jumbo
Jumbo: Sales increased by 12.8% during the first half
Sales for the JUMBO Group increased by approximately +12.8% during the first half of the year (January-June 2022) compared to the corresponding period last year, despite the income disruption caused by the inflationary explosion and geopolitical conditions, the energy insecurity and the absurdly expensive transport costs, as the listed company states in a relevant update […]
The SKAG-Jumbo controversy in Arios Pagos
By George Lampiris The notebook production company, Th. Skagias SA, is preparing to file an appeal against the decision of the Athens Court of Appeals, which essentially came to ratify a previous decision of the Athens Multi-Member Court of First Instance. – SKAG. The company had filed a lawsuit against Jumbo for copying designs from […]
Jumbo: The absolute contradiction and the perfect ‘inflation storm’ of Apostolos Vakakis
By George Lampiris In complete contradiction with the results of the four months of 2022, which showed an increase in sales by 25%, was the president of the Jumbo Group, Apostolos Vakakis, who in the General Meeting of Shareholders announced the arrival of the perfect storm due to inflation and pandemic in global level. He […]
Jumbo: Sales increase by 25% in the four months of 2022
The sales of the Jumbo Group recorded a significant increase in the four months of 2022. For the month of April, the sales of the JUMBO Group increased by + 32% compared to the corresponding month last year. Detailed sales course: Hellas: In April 2022, all stores in Greece remained open, without the imposition of […]
Société Générale: Sees Addition to MSCI Indices for National Bank, Mytilineos and ELPE
Her Eleftherias Kourtali Société Générale sees the addition of the National Bank and Mytilineos to the key indicators of MSCI as well as the possible import of Greek Petroleum, with a parallel deletion of Jumbo, in the forthcoming restructuring on 12 May. According to the French bank, the ratios of size / capitalization as well […]
Jumbo: Net profit growth of 56.19% in 2021 – Forecasts for 2022
The management of the Jumbo Group expects a 2% – 5% increase in sales in 2022 while the pre-tax profits are estimated to range between 210 million euros and 240 million euros. Net profit is estimated at between € 175 million and € 195 million. As noted in a relevant announcement, despite the particular difficulties […]
Jumbo: Sales decreased on an annual basis in January – Optimism for a positive sign in the first two months of 2022
Its sales Group JUMBO according to January 2022 recorded a fall -14.8% compared to the corresponding month last year, according to an announcement by the company, which, however, notes that it expects, for the entire two months of January – February, a positive sign, even of single-digit turnover growth. More specifically, it is noted, that […]
What does Jumbo answer for the complaint of a 6-year-old accident in its store
The company announced its position regarding the lawsuit filed by the parents of a six-year-old boy for his injury in a Jumbo store. The announcement in detail: “Smell of scandal or blackmail In order to fully inform the public about a complaint which was published today and concerns a possible exposure of a minor to […]
Société Générale: One deletion and two ‘gifts’ will be brought by MSCI for Greece
Her Eleftherias Kourtali Société Générale expects changes in the Greek shares that will come in the next restructuring of the MSCI indices, with the good news for Greece, however, not expected during the rebalancing this month but next, that of May. According to the French bank, the share of Jumbo will be written off – […]