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Consumer CyclicalsBalancedLarge CapContrarian

Greek retailer Jumbo first-half profit rises 35%

ATHENS, Sept 16 (Reuters) - Greek retailer Jumbo  BABr.AT 
posted on Thursday a 34.8% rise in first half net profit, with
lower operating expenses offsetting rising input and transport
cost.
    Net profit came in at 67 million euros ($78.83 million) in
the first six months of the year, up from 49.8 million in the
same period a year ago.
    Robust performance in foreign markets led sales higher by an
annual 12.5% to 313.8 million euros.
    
    ($1 = 0.8500 euros)

 (Reporting by Angeliki Koutantou)

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