Valuation Update With 7 Day Price Move • May 20
Investor sentiment deteriorates as stock falls 31% After last week's 31% share price decline to €14.90, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 11x in the Specialty Retail industry in the United Kingdom. Total loss to shareholders of 19% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €13.37 per share. Valuation Update With 7 Day Price Move • May 05
Investor sentiment deteriorates as stock falls 38% After last week's 38% share price decline to €14.90, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 10x in the Specialty Retail industry in the United Kingdom. Total loss to shareholders of 6.6% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €12.56 per share. Declared Dividend • Apr 30
Final dividend of €0.70 announced Shareholders will receive a dividend of €0.70. Ex-date: 20th July 2026 Payment date: 24th July 2026 Dividend yield will be 5.0%, which is higher than the industry average of 3.7%. Sustainability & Growth Dividend is well covered by both earnings (29% earnings payout ratio) and cash flows (36% cash payout ratio). The dividend has increased by an average of 6.9% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 18% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Apr 30
Full year 2025 earnings released: EPS: €2.38 (vs €2.36 in FY 2024) Full year 2025 results: EPS: €2.38 (up from €2.36 in FY 2024). Revenue: €1.23b (up 7.2% from FY 2024). Net income: €320.3m (flat on FY 2024). Profit margin: 26% (down from 28% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Specialty Retail industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 8% per year and the company’s share price has also increased by 8% per year. Annonce • Apr 27
Jumbo S.A., Annual General Meeting, Jul 08, 2026 Jumbo S.A., Annual General Meeting, Jul 08, 2026. Valuation Update With 7 Day Price Move • Apr 14
Investor sentiment deteriorates as stock falls 35% After last week's 35% share price decline to €14.90, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 11x in the Specialty Retail industry in the United Kingdom. Total loss to shareholders of 6.6% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €15.80 per share. Annonce • Apr 09
Jumbo S.A. to Report Fiscal Year 2025 Results on Apr 28, 2026 Jumbo S.A. announced that they will report fiscal year 2025 results at 10:00 AM, GTB Standard Time on Apr 28, 2026 Valuation Update With 7 Day Price Move • Mar 30
Investor sentiment deteriorates as stock falls 34% After last week's 34% share price decline to €14.90, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 10x in the Specialty Retail industry in the United Kingdom. Total loss to shareholders of 7.0% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €17.25 per share. Upcoming Dividend • Mar 16
Upcoming dividend of €0.50 per share Eligible shareholders must have bought the stock before 23 March 2026. Payment date: 30 March 2026. Payout ratio is a comfortable 22% and this is well supported by cash flows. Trailing yield: 4.2%. Lower than top quartile of British dividend payers (5.7%). Higher than average of industry peers (3.8%). Valuation Update With 7 Day Price Move • Mar 13
Investor sentiment deteriorates as stock falls 36% After last week's 36% share price decline to €14.90, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 11x in the Specialty Retail industry in the United Kingdom. Total loss to shareholders of 14% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €16.26 per share. Valuation Update With 7 Day Price Move • Feb 26
Investor sentiment deteriorates as stock falls 40% After last week's 40% share price decline to €14.90, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 12x in the Specialty Retail industry in the United Kingdom. Total returns to shareholders of 25% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €14.48 per share. Valuation Update With 7 Day Price Move • Feb 11
Investor sentiment deteriorates as stock falls 42% After last week's 42% share price decline to €14.90, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 12x in the Specialty Retail industry in the United Kingdom. Total returns to shareholders of 25% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €14.13 per share. Valuation Update With 7 Day Price Move • Jan 27
Investor sentiment deteriorates as stock falls 41% After last week's 41% share price decline to €14.90, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 12x in the Specialty Retail industry in the United Kingdom. Total returns to shareholders of 12% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €15.41 per share. Declared Dividend • Jan 11
First half dividend of €0.50 announced Shareholders will receive a dividend of €0.50. Ex-date: 23rd March 2026 Payment date: 30th March 2026 Dividend yield will be 3.6%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by both earnings (22% earnings payout ratio) and cash flows (68% cash payout ratio). The dividend has increased by an average of 12% per year over the past 9 years. However, payments have been volatile during that time. EPS is expected to grow by 22% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Sep 25
First half 2025 earnings released: EPS: €0.87 (vs €0.89 in 1H 2024) First half 2025 results: EPS: €0.87 (down from €0.89 in 1H 2024). Revenue: €497.3m (up 8.0% from 1H 2024). Net income: €117.2m (down 3.7% from 1H 2024). Profit margin: 24% (down from 26% in 1H 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Specialty Retail industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth. Annonce • Sep 23
Jumbo S.A. to Report First Half, 2025 Results on Sep 24, 2025 Jumbo S.A. announced that they will report first half, 2025 results on Sep 24, 2025 Upcoming Dividend • Jul 14
Upcoming dividend of €0.50 per share Eligible shareholders must have bought the stock before 21 July 2025. Payment date: 24 July 2025. Payout ratio is a comfortable 43% and the cash payout ratio is 84%. Trailing yield: 5.0%. Lower than top quartile of British dividend payers (5.5%). Higher than average of industry peers (3.6%). Declared Dividend • Jun 08
Final dividend of €0.50 announced Shareholders will receive a dividend of €0.50. Ex-date: 21st July 2025 Payment date: 24th July 2025 Dividend yield will be 3.4%, which is lower than the industry average of 3.7%. Sustainability & Growth Dividend is covered by both earnings (43% earnings payout ratio) and cash flows (84% cash payout ratio). The dividend has increased by an average of 23% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 14% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Valuation Update With 7 Day Price Move • May 22
Investor sentiment deteriorates as stock falls 44% After last week's 44% share price decline to €14.90, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 14x in the Specialty Retail industry in the United Kingdom. Total returns to shareholders of 26% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €14.71 per share. Reported Earnings • Apr 30
Full year 2024 earnings released: EPS: €2.36 (vs €2.23 in FY 2023) Full year 2024 results: EPS: €2.36 (up from €2.23 in FY 2023). Revenue: €1.15b (up 6.3% from FY 2023). Net income: €320.1m (up 5.6% from FY 2023). Profit margin: 28% (in line with FY 2023). Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Specialty Retail industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth. Annonce • Apr 28
Jumbo S.A., Annual General Meeting, Jun 11, 2025 Jumbo S.A., Annual General Meeting, Jun 11, 2025. Valuation Update With 7 Day Price Move • Apr 22
Investor sentiment deteriorates as stock falls 42% After last week's 42% share price decline to €14.90, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 11x in the Specialty Retail industry in the United Kingdom. Total returns to shareholders of 26% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €16.62 per share. Annonce • Apr 15
Jumbo S.A. to Report Fiscal Year 2024 Final Results on Apr 28, 2025 Jumbo S.A. announced that they will report fiscal year 2024 final results on Apr 28, 2025 Buy Or Sell Opportunity • Apr 07
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 43% to €14.90. The fair value is estimated to be €18.74, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 20%. For the next 3 years, revenue is forecast to grow by 5.8% per annum. Earnings are also forecast to grow by 3.6% per annum over the same time period. Declared Dividend • Mar 21
First half dividend of €0.47 announced Shareholders will receive a dividend of €0.47. Ex-date: 24th March 2025 Payment date: 31st March 2025 Dividend yield will be 9.9%, which is higher than the industry average of 3.7%. Sustainability & Growth Dividend is covered by earnings (43% earnings payout ratio) but not covered by cash flows (146% cash payout ratio). The dividend has increased by an average of 33% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 12% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Declared Dividend • Feb 24
First half dividend of €0.47 announced Shareholders will receive a dividend of €0.47. Ex-date: 24th March 2025 Payment date: 31st March 2025 Dividend yield will be 5.2%, which is higher than the industry average of 3.7%. Sustainability & Growth Dividend is covered by earnings (43% earnings payout ratio) but not covered by cash flows (148% cash payout ratio). The dividend has increased by an average of 33% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 12% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Valuation Update With 7 Day Price Move • Feb 11
Investor sentiment deteriorates as stock falls 41% After last week's 41% share price decline to €14.90, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 12x in the Specialty Retail industry in the United Kingdom. Total returns to shareholders of 31% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €18.59 per share. Valuation Update With 7 Day Price Move • Jan 14
Investor sentiment deteriorates as stock falls 43% After last week's 43% share price decline to €14.90, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 11x in the Specialty Retail industry in the United Kingdom. Total returns to shareholders of 47% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €16.90 per share. Reported Earnings • Jan 11
Full year 2024 earnings released: EPS: €0.022 (vs €0.023 in FY 2023) Full year 2024 results: EPS: €0.022 (down from €0.023 in FY 2023). Revenue: €190.4k (up 6.5% from FY 2023). Net income: €13.7k (down 6.5% from FY 2023). Profit margin: 7.2% (down from 8.2% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 49% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Specialty Retail industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Dec 27
Investor sentiment deteriorates as stock falls 41% After last week's 41% share price decline to €14.90, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 12x in the Specialty Retail industry in the United Kingdom. Total returns to shareholders of 62% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €16.89 per share. Valuation Update With 7 Day Price Move • Dec 10
Investor sentiment deteriorates as stock falls 40% After last week's 40% share price decline to €14.90, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 11x in the Specialty Retail industry in the United Kingdom. Total returns to shareholders of 55% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €16.17 per share. Valuation Update With 7 Day Price Move • Nov 06
Investor sentiment deteriorates as stock falls 39% After last week's 39% share price decline to €14.90, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 14x in the Specialty Retail industry in the United Kingdom. Total returns to shareholders of 58% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €17.07 per share. Annonce • Oct 04
Jumbo S.A. (ATSE:BELA) commences an Equity Buyback Plan, under the authorization approved on September 26, 2024. Jumbo S.A. (ATSE:BELA) commences a share repurchases on October 1, 2024, under the program mandated by the shareholders in the Extraordinary General Meeting held on September 26, 2024. As per the mandate, the company is authorized to repurchase its own shares.
On September 30, 2024, the company initiated the Market Repurchase. Under the program, the company will repurchase up to 13,605,975 shares. The minimum share repurchase price will be one €1 per share and the maximum purchase price will be €27.20 per share. The program will last until September 25, 2026. Reported Earnings • Sep 28
First half 2024 earnings released: EPS: €0.89 (vs €0.78 in 1H 2023) First half 2024 results: EPS: €0.89 (up from €0.78 in 1H 2023). Revenue: €460.4m (up 8.4% from 1H 2023). Net income: €121.7m (up 14% from 1H 2023). Profit margin: 26% (up from 25% in 1H 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.4% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Specialty Retail industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 20% per year whereas the company’s share price has increased by 21% per year. Valuation Update With 7 Day Price Move • Jul 23
Investor sentiment deteriorates as stock falls 46% After last week's 46% share price decline to €14.90, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 13x in the Specialty Retail industry in the United Kingdom. Total returns to shareholders of 38% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €14.59 per share. Upcoming Dividend • Jul 05
Upcoming dividend of €1.00 per share Eligible shareholders must have bought the stock before 10 July 2024. Payment date: 16 July 2024. Payout ratio is a comfortable 45% but the company is paying out more than the cash it is generating. Trailing yield: 11%. Within top quartile of British dividend payers (5.6%). Higher than average of industry peers (3.6%). Valuation Update With 7 Day Price Move • Apr 30
Investor sentiment deteriorates as stock falls 43% After last week's 43% share price decline to €14.90, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 12x in the Specialty Retail industry in the United Kingdom. Total returns to shareholders of 18% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €12.49 per share. Reported Earnings • Apr 20
Full year 2023 earnings released: EPS: €2.23 (vs €1.83 in FY 2022) Full year 2023 results: EPS: €2.23 (up from €1.83 in FY 2022). Revenue: €1.08b (up 14% from FY 2022). Net income: €303.0m (up 22% from FY 2022). Profit margin: 28% (up from 26% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Specialty Retail industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • Apr 08
Now 21% undervalued Over the last 90 days, the stock has risen 6.1% to €26.01. The fair value is estimated to be €33.10, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 23%. For the next 3 years, revenue is forecast to grow by 4.6% per annum. Earnings are also forecast to grow by 5.9% per annum over the same time period. Upcoming Dividend • Mar 12
Upcoming dividend of €0.60 per share Eligible shareholders must have bought the stock before 19 March 2024. Payment date: 26 March 2024. Payout ratio is a comfortable 11% but the company is paying out more than the cash it is generating. Trailing yield: 5.9%. Lower than top quartile of British dividend payers (6.1%). Higher than average of industry peers (3.6%). Declared Dividend • Feb 29
Dividend of €0.60 announced Shareholders will receive a dividend of €0.60. Ex-date: 19th March 2024 Payment date: 26th March 2024 Dividend yield will be 16%, which is higher than the industry average of 3.7%. Sustainability & Growth Dividend is covered by earnings (11% earnings payout ratio) but not covered by cash flows (140% cash payout ratio). The dividend has increased by an average of 27% per year over the past 9 years. However, payments have been volatile during that time. EPS is expected to grow by 24% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Buy Or Sell Opportunity • Feb 03
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 6.7% to €26.60. The fair value is estimated to be €22.01, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 23%. For the next 3 years, revenue is forecast to grow by 4.6% per annum. Earnings are also forecast to grow by 5.2% per annum over the same time period. Declared Dividend • Jan 31
Dividend of €0.60 announced Shareholders will receive a dividend of €0.60. Ex-date: 19th March 2024 Payment date: 26th March 2024 Dividend yield will be 16%, which is higher than the industry average of 3.6%. Sustainability & Growth Dividend is covered by earnings (11% earnings payout ratio) but not covered by cash flows (140% cash payout ratio). The dividend has increased by an average of 27% per year over the past 9 years. However, payments have been volatile during that time. EPS is expected to grow by 19% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Valuation Update With 7 Day Price Move • Dec 27
Investor sentiment deteriorates as stock falls 41% After last week's 41% share price decline to €14.90, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 12x in the Specialty Retail industry in the United Kingdom. Total returns to shareholders of 50% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €13.44 per share. Valuation Update With 7 Day Price Move • Nov 24
Investor sentiment deteriorates as stock falls 43% After last week's 43% share price decline to €14.90, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 12x in the Specialty Retail industry in the United Kingdom. Total returns to shareholders of 50% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €13.54 per share. Upcoming Dividend • Nov 17
Upcoming dividend of €1.47 per share at 5.8% yield Eligible shareholders must have bought the stock before 23 November 2023. Payment date: 29 November 2023. Payout ratio is a comfortable 11% but the company is paying out more than the cash it is generating. Trailing yield: 5.8%. Lower than top quartile of British dividend payers (6.2%). Higher than average of industry peers (3.3%). Valuation Update With 7 Day Price Move • Oct 25
Investor sentiment deteriorates as stock falls 41% After last week's 41% share price decline to €14.90, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 11x in the Specialty Retail industry in the United Kingdom. Total returns to shareholders of 9.6% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €12.96 per share. Annonce • Sep 23
Jumbo S.A. to Report First Half, 2023 Results on Sep 22, 2023 Jumbo S.A. announced that they will report first half, 2023 results on Sep 22, 2023 Board Change • Sep 12
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Non-Executive Director Savvas Kaouras was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Board Change • Aug 21
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Non-Executive Director Savvas Kaouras was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Upcoming Dividend • Aug 16
Upcoming dividend of €0.32 per share at 5.8% yield Eligible shareholders must have bought the stock before 23 August 2023. Payment date: 29 August 2023. Payout ratio is a comfortable 11% and the cash payout ratio is 86%. Trailing yield: 5.8%. Lower than top quartile of British dividend payers (6.1%). Higher than average of industry peers (3.1%). Board Change • Aug 03
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Non-Executive Director Savvas Kaouras was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Valuation Update With 7 Day Price Move • Jul 13
Investor sentiment deteriorates as stock falls 39% After last week's 39% share price decline to €14.90, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 12x in the Specialty Retail industry in the United Kingdom. Total returns to shareholders of 14% over the past three years. Board Change • Jul 13
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Non-Executive Director Savvas Kaouras was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Valuation Update With 7 Day Price Move • Jun 19
Investor sentiment deteriorates as stock falls 37% After last week's 37% share price decline to €14.90, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 11x in the Specialty Retail industry in the United Kingdom. Total returns to shareholders of 14% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €6.35 per share. Annonce • Jun 15
Jumbo S.A., Annual General Meeting, Jul 05, 2023 Jumbo S.A., Annual General Meeting, Jul 05, 2023, at 16:00 E. Europe Standard Time. Agenda: To submit and approve the Annual Financial Report for the financial year from 01.01.2022 to 31.12.2022; to present report of report of Independent Non-Executive Members of the Board of Directors in accordance with article 9 par. 5 of Law 4706/2020; to present the Report of the activities of the Audit Committee for the financial year from 01.01.2022 to 31.12.2022 to the shareholders of the Company by the Chairman of the Audit Committee; to approve the table of profit distribution from 01.01.2022 to 31.12.2022, which was drafted in accordance with IFRS, and distribution of dividend; and to approve the overall Board of Directors' management of the Company for the financial year from 01.01.2022 to 31.12.2022 in accordance with article 108 of Law 4548/2018 and discharge of the Statutory Auditors for the financial year from 01.01.2022 to 31.12.2022. Annonce • Jun 01
Jumbo S.A., Annual General Meeting, Jun 07, 2023 Jumbo S.A., Annual General Meeting, Jun 07, 2023. Board Change • May 31
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Non-Executive Director Savvas Kaouras was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Board Change • May 18
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Non-Executive Director Savvas Kaouras was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Reported Earnings • Apr 13
Full year 2022 earnings released: EPS: €1.83 (vs €1.59 in FY 2021) Full year 2022 results: EPS: €1.83 (up from €1.59 in FY 2021). Revenue: €949.4m (up 14% from FY 2021). Net income: €248.6m (up 15% from FY 2021). Profit margin: 26% (in line with FY 2021). Revenue is forecast to grow 5.4% p.a. on average during the next 4 years, compared to a 6.3% growth forecast for the Specialty Retail industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Board Change • Mar 29
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Non-Executive Director Savvas Kaouras was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Upcoming Dividend • Mar 14
Upcoming dividend of €1.16 per share at 7.3% yield Eligible shareholders must have bought the stock before 21 March 2023. Payment date: 27 March 2023. Payout ratio is a comfortable 23% and the cash payout ratio is 87%. Trailing yield: 7.3%. Within top quartile of British dividend payers (5.9%). Higher than average of industry peers (2.8%). Valuation Update With 7 Day Price Move • Mar 09
Investor sentiment improves as stock rises 41% After last week's 41% share price gain to €20.98, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 13x in the Specialty Retail industry in the United Kingdom. Total returns to shareholders of 77% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €11.69 per share. Board Change • Mar 09
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Non-Executive Director Savvas Kaouras was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Board Change • Jan 12
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Non-Executive Director Savvas Kaouras was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Board Change • Dec 31
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Non-Executive Director Savvas Kaouras was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Upcoming Dividend • Dec 02
Upcoming dividend of €0.39 per share Eligible shareholders must have bought the stock before 09 December 2022. Payment date: 15 December 2022. Payout ratio is a comfortable 23% and the cash payout ratio is 87%. Trailing yield: 7.6%. Within top quartile of British dividend payers (5.7%). Higher than average of industry peers (3.0%). Board Change • Nov 17
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Non-Executive Director Savvas Kaouras was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Reported Earnings • Sep 21
First half 2022 earnings released: EPS: €0.58 (vs €0.49 in 1H 2021) First half 2022 results: EPS: €0.58 (up from €0.49 in 1H 2021). Revenue: €354.0m (up 13% from 1H 2021). Net income: €78.6m (up 17% from 1H 2021). Profit margin: 22% (in line with 1H 2021). Revenue is forecast to grow 4.5% p.a. on average during the next 4 years, compared to a 5.1% growth forecast for the Specialty Retail industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Board Change • Sep 21
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Non-Executive Director Savvas Kaouras was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Board Change • Aug 24
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Non-Executive Director Savvas Kaouras was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Board Change • Aug 09
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Non-Executive Director Savvas Kaouras was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Upcoming Dividend • May 26
Upcoming dividend of €0.39 per share Eligible shareholders must have bought the stock before 02 June 2022. Payment date: 08 June 2022. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 7.6%. Within top quartile of British dividend payers (4.8%). Higher than average of industry peers (3.0%). Board Change • May 19
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Non-Executive Director Savvas Kaouras was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Board Change • Apr 28
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Non-Executive Director Savvas Kaouras was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Board Change • Feb 01
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Non-Executive Director Evanthia Andrianou was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Jan 17
Upcoming dividend of €0.39 per share Eligible shareholders must have bought the stock before 24 January 2022. Payment date: 31 January 2022. The company is not currently making a profit but it is cash flow positive. Trailing yield: 5.4%. Within top quartile of British dividend payers (4.1%). Higher than average of industry peers (1.8%). Board Change • Jan 12
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Non-Executive Director Evanthia Andrianou was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Dec 22
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Non-Executive Director Evanthia Andrianou was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Nov 23
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Non-Executive Director Evanthia Andrianou was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Nov 15
Upcoming dividend of €0.30 per share Eligible shareholders must have bought the stock before 22 November 2021. Payment date: 26 November 2021. Trailing yield: 5.7%. Within top quartile of British dividend payers (4.0%). Higher than average of industry peers (1.7%). Upcoming Dividend • Nov 15
Upcoming dividend of €0.30 per share Eligible shareholders must have bought the stock before 22 November 2021. Payment date: 26 November 2021. Trailing yield: 5.7%. Within top quartile of British dividend payers (4.0%). Higher than average of industry peers (1.7%). Board Change • Nov 03
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Non-Executive Director Evanthia Andrianou was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Oct 19
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Non-Executive Director Evanthia Andrianou was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Sep 18
First half 2021 earnings released: EPS €0.49 (vs €0.37 in 1H 2020) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: €313.8m (up 13% from 1H 2020). Net income: €67.2m (up 35% from 1H 2020). Profit margin: 21% (up from 18% in 1H 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has increased by 2% per year. Board Change • Sep 17
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Non-Executive Director Evanthia Andrianou was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jul 27
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Non-Executive Director Evanthia Andrianou was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Feb 18
Investor sentiment improved over the past week After last week's 15% share price gain to €14.90, the stock is trading at a trailing P/E ratio of 8.7x, up from the previous P/E ratio of 7.6x. This compares to an average P/E of 21x in the Specialty Retail industry in the United Kingdom. Total return to shareholders over the past year is a loss of 15%. Reported Earnings • Sep 18
First half earnings released Over the last 12 months the company has reported total profits of €212.6m, up 30% from the prior year. Total revenue was €968.4m over the last 12 months, up 19% from the prior year. 
