Jumbo profit drops 22% in first half, COVID restrictions hit margins

Jumbo SA

15/09/2020 15:30

ATHENS, Sept 15 (Reuters) - Greek retailer Jumbo  BABr.AT 
on Tuesday posted a 22% drop in first-half net profit as
COVID-19 restrictions hurt activities in Greece, Cyprus and
Bulgaria.
    Jumbo said net profit came in at 49.8 million euros ($59.15
million) in the six months to end June, down from 64 million
euros in the same period last year.

 (Reporting by Angeliki Koutantou)
 ((angeliki.koutantou@thomsonreuters.com; +30 210 3376436;
Reuters Messaging: angeliki.koutantou.reuters.com@reuters.net))