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Jumbo SA Issues Earnings Guidance For FY 2013/2014; Below Analysts' Estimates; Opening Of New Stores


Wednesday, 10 Jul 2013 03:39am EDT 

Jumbo SA announced that it expects net profit for 2013/2014 between EUR 70 and 75 million. According to I/B/E/S Estimates analysts on average are expecting the Company to report net profit of EUR 76.40 million. For the financial year July 2013- June 2014 the Group is expected to open in Greece an owned store in Serres (9,000 square meters), a leased store in Athens (11,000 square meters) and one more owned store in Northern Greece (9,000 square meters). Moreover, the new leased store in Paphos of Cyprus (10,000 square meters) is expected to start operating. 

Company Quote

10.81
-0.09 -0.83%
7:18am EDT