Full Year 2024 Jumbo SA Earnings Call Transcript

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Apr 29, 2025

Apr 29, 2025 / 12:30PM GMT
Operator

Ladies and gentlemen, thank you for standing by. I'm Constantinos, your Chorus Call operator. Welcome, and thank you for joining the Jumbo conference call and live webcast to present and discuss the full year 2024 financial results.

At this time, I would like to turn the conference over to Mr. Apostolos-Evangelos Vakakis, Chairman of the Board of Directors; Mr. Polys Polycarpou, Chief Financial Officer; and Ms. Karamitsoli, Amalia, Head of Investor Relations. Ms. Karamitsoli, you may now proceed.

Amalia Karamitsoli - Jumbo SA - Head of Investor Relations

Thank you, Constantinos. Thank you all for joining today's presentation of Jumbo Group's results for the financial year of 2024, our performance in Q1 2025 and an overview of our strategic road map going forward. Let's begin with our financial performance in 2024. Jumbo delivered solid growth across key metrics. Sales increased by 6% year-over-year, reaching EUR1.15 billion.

Gross margin remained fairly stable at 55.6%. EBITDA rose by 7% to EUR425 million. Adjusted EBITDA was at EUR414 million

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