Jumbo is a big company from Greece. It wants to open stores in other countries. Jumbo will open stores in Turkey and Canada. This is important for the company.
Jumbo wants to find new people to buy things. They also want to make more money. Jumbo will open its own stores. They will also keep their costs low.
Jumbo plans stores in Turkey soon. They will own these stores. Jumbo will also open stores in Canada. Three stores will open in Ontario by 2026. A company called Fox Group will help with these stores. This will help Jumbo learn.
Jumbo wants to save money. They own most of their buildings. This means less money for rent. Jumbo also has lower prices in Greece.
A bank is worried about Jumbo. They think there will be more shops like Jumbo. But the boss of Jumbo is not worried. He says the company makes good money.
People who own Jumbo shares will get money. They will get €67.18 million. Jumbo already has stores in Bulgaria and Romania. Jumbo wants to grow by opening new stores.