Jumbo Group on Monday said its sales rose around 1.0 pct in the first half of the current year (July 2011-June 2012) compared with the same period last year, to around 293 million euros.

In an announcement to the Athens Stock Exchange, Jumbo Group said this result was in line with management’s forecasts for achieving a 0-2 pct increase in this year’s sales and reflects the implementation of the company’s investment strategy for operating 12 new superstores in the fiscal years 2011 and 2012, combined with an increased productivity rate in the Group.