Jumbo Earnings Call Transcripts
Fiscal Year 2025
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Sales rose 8% to €497M in H1 2025, with EBITDA up 7% and net profit up 5%. Gross margin declined due to VAT hikes and market turbulence, but cash position remains strong. Full-year net income is expected to match 2024 organic levels, with continued investment in digital and logistics.
Fiscal Year 2024
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Sales grew 6% in 2024 with stable margins and strong cash generation, while Q1 2025 saw an 8% sales increase. Expansion continues in Romania and other regions, with major investments in logistics and a cautious approach to dividends amid global uncertainties.
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Sales grew 8% in H1 2024 with net profit up 14%, supported by stable gross margins and strong cash. Guidance anticipates 4% sales growth for 2024, factoring in supply chain disruptions, with continued store expansion and robust shareholder returns.