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Reuters: Jumbo annual sales up 6.8 pct, seen rising further next year

Greek retailer Jumbo posted on Tuesday a 6.8 percent rise in sales for its fiscal year to the end of June, thanks to strong growth in Romania and Bulgaria, Reuters.com reports. It said it expected sales to rise by 6 percent to 9 percent in the next twelve months. Jumbo has fared well because of its low-cost products and foreign operations despite seven years of austerity in ...

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