Greek toy retailer Jumbo managed to exceed the increase in sales and earnings in the first half of the financial year 2008/2009 “despite the difficult macroeconomic environment”. Jumbo is gaining popularity in Bulgaria with its Sofia-based shop. For the first half of the financial 2008/2009 year sales increased by 15.72% on annual base. Group’s sales in the second half (January 2009- June 30 2009) rose with a better pace than the first half of 2008/2009. As a result the annual sales growth reached 15.81% . Moreover, the annual net profit for the financial year 2008/2009 is expected to be above 15.03% which was the net profit growth of the first half of 2008/2009. Read the rest of this entry »
