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Jumbo's 5-mo sales in Bulgaria rise 9% y/y

Jun 12, 2024, 11:20:53 AMArticle by Mihaela Miteva
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June 12 (SeeNews) - Greek toy retailer Jumbo said the group's sales in Bulgaria increased by 9% year-on-year in the first five months of 2024, against an 8% rise posted for the group overall.

Jumbo's 5-mo sales in Bulgaria rise 9% y/y
Image source: Jumbo Bulgaria

In May alone, sales in Bulgaria went up by an annual 9%, lower than the 10% growth registered for the group as a whole, Jumbo said in a statement on Tuesday.

In Romania, Jumbo's sales leapt by 16% on the year last month and by 13% in January-May.

In the first five months of last year, the group booked a 20% annual jump in sales in Bulgaria and a 19% climb in Romania, according to an earlier statement.

In May, Jumbo's shareholders approved the distribution of a gross dividend of 1 euro ($1.07) per share out of the company's 2023 earnings. Dividend payments will start on July 16.

($ = 0.932 euro)

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