The group is shared by less than 51 million euros jumbo from achieving turnover 1 billion euros, as 2022 ended with a turnover of 949.38 million euros, representing an increase of 14.12% compared to 2021. Unlike several companies whose turnover increased due to inflationbut with their profits shrinking, Jumbo further solidified their position. its profitability. However, the goal of exceeding one billion euros in terms of turnover is estimated to be reached this year, as the company’s management, based on the idea of ​​sales in the first quarter, which grew by 33%, but also on the maintenance of prices, the growth affects on demand, he expects sales to increase by 15% this year. In terms of profit, the company expects it to increase by about 10% to between 270 and 275 million euros.

In particular, according to what the listed company announced yesterday, the gross margin was 55.92% from 55.66% in 2021. Group profit before taxes, interest and amortization (EBITDA) was 336.75 million compared to 304.99 million in 2021, showing an increase of 10%. The group’s net profit reached 248.60 million from 216.59 million in 2021, an increase of 14.78%. Gross profit margin was formed in 2022 at the level of 55.92% from 55.66% in 2021, while for the current year the company expects that it will be formed at the level of 54%.

Jumbo also closed this year with a wealthy fund, cash and cash equivalents, and other current financial assets of €802.93 million as of December 31, 2022. Which makes the company’s net borrowing negative for another year, given that cash and cash equivalents and other current financial assets exceed total debt and lease liabilities by 522.48 million. In fact, the company announced that it will continue to prepay all 200 million conventional bonds issued in 2018 maturing in 2026 without any fees or other costs.