Jumbo reports increased sales in the 3Q2021

For the period 01.01.2021-30.09.2021, Group’s sales stood at €542,89 million compared to €503,28 million of the respective last year’s period, increased by 7,87% y-o-y. During the third quarter of 2021 earnings before interest, taxes, depreciation and amortization (EBITDA) for the Group stood at €88,01 million compared to €75,70 million of the respective last year’s period, increased by 16,26% y-o-y.

For the period 01.01.2021-30.09.2021 earnings before interest, taxes, depreciation and amortization (EBITDA) for the Group stood at € 191,25 million compared to €157,1 million of the respective last year’s period, increased by 21,74%, due to the inventory management and cost containment.

It is noted that in July, the stores operated under restrictions on the number of customers allowed within the stores, and Group’s sales recorded a growth rate of approximately + 0,7% y-o-y. In August Group’s sales were increased by 3% y-o-y due to the contribution of tourism’s positive performance in Greece. September, which is traditionally the “back to school” month, ended with an increase in sales for the Jumbo Group of approximately + 2,5% y-o-y.  

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