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Jumbo Group reports sales growth and proposes €1 per share dividend
Jumbo Group reported a 9% increase in sales for August 2026 compared to the same month the previous year. For the eight-month period from January to August 2026, sales grew by approximately 5.8%, surpassing the management's annual growth target of 5%.
Management maintains its 2026 outlook, forecasting sales growth of approximately 5% and net profits between €310 million and €320 million. This guidance accounts for the importance of the final four months of the year and global uncertainties, including Middle East tensions affecting energy prices and transport costs.
Due to its strong financial position, the Group's Board will propose an extraordinary cash dividend of €1.00 per share. If approved, the ex-dividend date is set for November 16, 2026, with the record date on November 17 and payments starting November 20, 2026. So far in 2026, Jumbo has already distributed €161.2 million to shareholders.
Additionally, the Group announced that a hypermarket in Baia Mare, Romania, is scheduled to open at the end of October.