Jumbo plans further expansion in Cyprus

Jumbo Eyes Expansion in Cyprus with Larnaca, Protaras Stores – Famagusta Gazette

FAMAGUSTA GAZETTE – Greek retail giant Jumbo has expressed interest in opening two new stores in Cyprus, one in Larnaca and another in Protaras, as part of its long-term strategy. However, the company has not set a timeline for development, Kathimerini reported. Jumbo’s 2024 financial results showed continued growth, with net profits rising 5.64% to €320.1 million and total sales increasing 6.33% to €1.15 billion. Operating profits (EBITDA) clim…

Jumbo plans further expansion in Cyprus

Greek retail giant Jumbo has confirmed its interest in opening two new stores in Cyprus – one in Larnaca and the other in Protaras.