jumbo cyprus — Jumbo Group has reported a solid year of growth with Cyprus contributing significantly, as sales rose by 8% in 2025 despite ongoing supply-chain disruptions.
- jumbo cyprus — Jumbo Group has reported a solid year of growth with Cyprus contributing significantly, as sales rose by 8% in 2025 despite ongoing supply-chain disruptions.
The Greek retailer revealed that overall sales increased by 7.22% for the year, reflecting robust consumer demand across its key markets, particularly in Cyprus. From January to November, group sales were nearly 8% higher year on year, indicating a positive trend that, however, faced challenges in December.
December, traditionally a peak sales month, saw a marked slowdown with growth dropping to 4.14%. This decrease was attributed to significant supply-chain issues, particularly during the busy holiday season, which included disruptions caused by road network blockades affecting both domestic distribution and exports.
Management highlighted the importance of safeguarding the domestic market and ensuring smooth export operations, especially given Greece’s demographic challenges. They noted that a resilient economy is crucial for navigating the current complex economic landscape.
Jumbo cyprus: Shareholder Returns and Upcoming Cash Distribution
Looking ahead, Jumbo Group has scheduled an extraordinary general meeting for February 4, 2026, where shareholders will vote on a proposed extraordinary cash distribution of €67.18 million, equating to €0.50 per share. This amount will be drawn from taxed and undistributed profits of previous years, with an ex-dividend date set for March 23, 2026.
Performance across the group’s markets remained strong, with Cyprus seeing a notable 5% increase in sales in December. Overall, the full-year growth in Cyprus was approximately 8%, while Greece recorded a 6% rise in December and around 9% for the year. Bulgaria outperformed in December with an 8% increase, although its full-year growth settled at about 5%. Romania experienced a slight decline of 0.1% in December but finished the year with a total growth of approximately 4%.
Strategic Developments and Expansion Plans
In 2025, Jumbo opened a new hyperstore in Timisoara, Romania, and launched its e-shop in Bulgaria, expanding its online presence. As of the end of December, Jumbo operated 89 stores across Greece, Cyprus, Bulgaria, and Romania, including 53 in Greece and six in Cyprus. The retailer also maintains an online shopping platform in these countries.
To optimise its operations, Jumbo has been focusing on acquiring leased properties strategically. In 2025, they acquired three leased stores in Greece, increasing the proportion of company-owned stores to around 70%. Beyond their direct operations, Jumbo has a franchise presence with 43 stores in seven countries, including Albania and Israel.
Fox Group, which holds the exclusive Jumbo franchise for Israel and Canada, is planning to expand its network in Israel by adding five to six stores in 2026 and is preparing to launch three stores in Ontario, contingent on timely execution of the plans.
