Jumbo Supermarkten reports 9.6% growth, announces Belgian entry

Source: Jumbo, Thursday, Jan 3, 2019

Dutch retailer Jumbo reported 2018 sales of EUR7.82 billion, an increase of EUR683 million (9.6%) on the previous year. The retailer saw sales at its main Jumbo Supermarkets division increase by EUR395 million to EUR7.4 billion – an increase of 5.6%. Organic growth at its Jumbo stores was 3.8%, which was about twice that of the market.