ECONOMY

Greek retailer Jumbo 12-month profit up 15 percent

Greek retailer Jumbo 12-month profit up 15 percent

Jumbo, Greece’s biggest listed retailer, posted on Monday a 15 percent rise in net profit for the fiscal year which ended in June, helped by robust growth in Bulgaria and Romania.

Net profit for the 12-month period came in at 151 million euros, up from 131 million euros in the year ago period. It will pay a total dividend of 0.39 euros a share, up from 0.36 euros for the previous fiscal year. [Reuters]

Subscribe to our Newsletters

Enter your information below to receive our weekly newsletters with the latest insights, opinion pieces and current events straight to your inbox.

By signing up you are agreeing to our Terms of Service and Privacy Policy.