Shareholder's update for the 7months of 2026 Group sales performance

July 2026 brought the JUMBO Group's performance back in line with management's original expectations. Sales rose by approximately 9% y-o-y, bringing the Group's sales growth for the January–July 2026 period to approximately 5% y-o-y.

The acceleration in July sales growth, compared with June (+7%), brings the Group's trading performance fully in line with management's guidance as presented at the recent Annual General Meeting of Shareholders. Management continues to expect full-year 2026 sales growth of approximately 5%, with net profit to range between EUR 310 million and EUR 320 million.

The acceleration in sales during a month in which the European retail sector continued to be challenged by a fragile geopolitical environment underscores the resilience of consumer confidence in the JUMBO network, demonstrating that this relationship of trust remains stronger than the prevailing market headwinds. 

As of 1 July 2026, the European Union has abolished the customs duty exemption for low-value imports (up to €150) from third countries, while also introducing a temporary €3 handling fee per tariff classification. Although the measure is “strict”, it represents an important first step towards creating fairer competitive conditions between European retailers and international e-commerce platforms. 

In early August, the Group's local franchise partner opened the 8th JUMBO store in Israel, further strengthening the JUMBO brand's footprint in the Israeli market. A new store is expected to open by year-end. The first JUMBO store in Canada is currently expected to commence operations in the fourth quarter of 2026.

Sales Performance per country

Greece:  In July 2026, the parent company's net sales (excluding intercompany transactions) increased by approximately 10% compared with the corresponding month last year. For the seven months of the year, net sales grew by approximately 8%.

Cyprus:  Sales at the Group's stores in Cyprus increased by approximately 14% in July 2026 compared with the corresponding month last year. For the seven months of the year, sales grew by approximately 6%.

Bulgaria: In July 2026, sales at the Group's stores in Bulgaria, as well as its local e-commerce platform (https://www.e-jumbo.bg), increased by approximately 21% compared with the corresponding month last year. For the seven months of the year, sales grew by approximately 13%.

Romania: Sales across the Group's store network in Romania, as well as its local e-commerce platform (www.e-jumbo.ro), declined by approximately 3% in July 2026 compared with the corresponding month last year. For the first seven months of the year, sales declined by approximately 6%, as the operating environment continued to be affected by fiscal tightening measures and challenging consumer demand in Romania.

The Group remains committed to its investment plan in the Romanian market, with a new hyper-store in Baia Mare expected to commence operations by the end of the year.