The positive sales momentum seen in July continued through August 2026, with JUMBO Group sales increasing by c. 9% y-o-y.
As a result, Group sales for the eight months to August 2026 were up by c. 5,8% y-o-y, placing the Group's sales growth ahead of the pace as penciled by Management's full-year sales growth target of approximately 5%.
Management, however, maintains its outlook for sales growth of approximately 5% y-o-y in 2026 and net profit of EUR 310-320 million, reflecting both the significant contribution of the final four months to full-year sales and the continued uncertainty in the global environment.
Ongoing tensions in the Middle East continue to fuel volatility in energy prices and transportation costs. Against this backdrop, the Group remains firmly committed to its strategy, with a clear focus on maintaining competitive pricing and protecting consumers' purchasing power.
Extraordinary Cash Distribution
The Group's strong financial position and high liquidity enable Management to continue rewarding shareholders through cash distributions, while ensuring the uninterrupted execution of the Group's investment and growth plan. It is noted that the new hyper-store in Baia Mare, Romania, is scheduled to open at the end of October 2026.
In this context, the payment of an extraordinary cash distribution of EUR 1,00 per share will be proposed at an upcoming meeting of the Board of Directors. Subject to Board approval:
The ex-date for the extraordinary cash distribution has been set for Monday, 16 November 2026, the record date for Tuesday, 17 November 2026, and the payment date for Friday, 20 November 2026.
It is worth noting that, year-to-date in 2026, JUMBO has already distributed EUR 161,2 million, or EUR 1,20 per share, to its shareholders.
The Group will announce its detailed financial results for the first half of 2026 on Thursday, 24 September, before the opening of the Athens Stock Exchange.
Sales Performance per country
Greece: In August 2026, the parent company's net sales (excluding intercompany transactions) increased by c. 11% y-o-y. For the eight months of the year, net sales grew by c 8% y-o-y.
Cyprus: Sales at the Group's stores in Cyprus increased by c. 9% y-o-y in August 2026. For the eight months of the year, sales grew by c 6% y-o-y.
Bulgaria: In August 2026, sales at the Group's stores in Bulgaria, as well as its local e-commerce platform (https://www.e-jumbo.bg), increased by c. 17% y-o-y. For the eight months of the year, sales grew by c. 14% y-o-y.
Romania: Sales across the Group's store network in Romania, as well as its local e-commerce platform (www.e-jumbo.ro), remained at last year's levels. For the eight months of the year, sales declined by c. 5% y-o-y.
In Romania, it is worth recalling that the standard VAT rate increased from 19% to 21% as of 1 August 2025, with the Group absorbing the additional cost rather than passing it on to selling prices.
As a result, from August onwards, sales are compared against a more favorable base, an effect that had already been factored into the Group's 2026 sales budget.