Dutch retailer Jumbo Supermarkten has booked a 10% rise in half-year turnover as sales were boosted by the Super de Boer stores acquired last year.
The company yesterday (14 July) posted sales of EUR904m for the first half of the year.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
Jumbo said growth was primarily due to the 22 Super de Boer stores it acquired last autumn and reported a 1.2% rise in sales on an organic basis.
CEO Frits van Eerd said: ”The acquisition of Super de Boer is a huge operation, which requires a lot of our people. We are pleased that we could deliver the high expectations in the first six months.
“Despite the operational challenges and the continued competitive pressures in the market, I view the second half of this year with confidence.”
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
