Cyprus Mail16 Jul 2026

Jumbo to return €161 million to shareholders throughout 2026

Jumbo to return €161 million to shareholders throughout 2026

Greek retail group Jumbo maintained its outlook for 2026 this week, forecasting sales growth of around 5 per cent and net profit of between €310 million and €320 million, after sales recovered following the temporary ceasefire in the Iran conflict.

The guidance was reiterated during the group’s annual general meeting on July 15, which recorded shareholder participation representing approximately 73 per cent of the company’s share capital....

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