Declared Dividend • May 20
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 5.5%, which is higher than the industry average of 2.5%. 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 12% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Aankondiging • Apr 27
Jumbo S.A., Annual General Meeting, Jul 08, 2026 Jumbo S.A., Annual General Meeting, Jul 08, 2026. Aankondiging • 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 Aankondiging • 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 Aankondiging • Apr 28
Jumbo S.A., Annual General Meeting, Jun 11, 2025 Jumbo S.A., Annual General Meeting, Jun 11, 2025. Aankondiging • 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 Aankondiging • 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 27
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 5.8% growth forecast for the Specialty Retail industry in Germany. 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 23% per year. Buy Or Sell Opportunity • Sep 13
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 9.8% to €23.30. The fair value is estimated to be €29.91, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 24%. For the next 3 years, revenue is forecast to grow by 7.0% per annum. Earnings are also forecast to grow by 5.7% per annum over the same time period. Buy Or Sell Opportunity • Aug 05
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 21% to €22.52. The fair value is estimated to be €28.63, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 24%. For the next 3 years, revenue is forecast to grow by 7.1% per annum. Earnings are also forecast to grow by 5.8% per annum over the same time period. 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 German dividend payers (4.6%). Higher than average of industry peers (3.5%). Reported Earnings • Apr 19
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 5.9% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 24% per year whereas the company’s share price has increased by 19% per year. Buy Or Sell Opportunity • Apr 11
Now 22% undervalued Over the last 90 days, the stock has risen 2.6% to €25.80. The fair value is estimated to be €33.09, 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%. Within top quartile of German dividend payers (5.1%). Higher than average of industry peers (3.2%). Declared Dividend • Jan 19
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 9.7%, which is higher than the industry average of 2.6%. 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 21% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Upcoming Dividend • Nov 16
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%. Within top quartile of German dividend payers (5.0%). Higher than average of industry peers (2.8%). Aankondiging • 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 Upcoming Dividend • Aug 16
Upcoming dividend of €0.32 per share at 5.7% 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: 5.7%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (2.7%). New Risk • Jul 12
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (172% cash payout ratio). Share price has been volatile over the past 3 months (6.8% average weekly change). Valuation Update With 7 Day Price Move • Jul 06
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €25.80, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 11x in the Specialty Retail industry in Germany. Total returns to shareholders of 90% over the past three years. Aankondiging • 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. Aankondiging • Jun 01
Jumbo S.A., Annual General Meeting, Jun 07, 2023 Jumbo S.A., Annual General Meeting, Jun 07, 2023. 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 7.1% growth forecast for the Specialty Retail industry in Germany. 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. 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 German dividend payers (4.8%). Higher than average of industry peers (2.9%). Valuation Update With 7 Day Price Move • Mar 10
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €21.14, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 13x in the Specialty Retail industry in Europe. Total returns to shareholders of 102% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €13.53 per share. Valuation Update With 7 Day Price Move • Feb 11
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €19.10, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 13x in the Specialty Retail industry in Europe. Total returns to shareholders of 20% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €12.12 per share. 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 German dividend payers (4.8%). Higher than average of industry peers (4.0%). Board Change • Nov 16
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 20
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 4.3% p.a. on average during the next 4 years, compared to a 7.3% growth forecast for the Specialty Retail industry in Germany. 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 6% per year, which means it is significantly lagging earnings. 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 German dividend payers (4.3%). Higher than average of industry peers (3.0%). 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. Reported Earnings • Apr 13
Full year 2021 earnings released: EPS: €1.59 (vs €1.02 in FY 2020) Full year 2021 results: EPS: €1.59 (up from €1.02 in FY 2020). Revenue: €831.9m (up 20% from FY 2020). Net income: €216.6m (up 56% from FY 2020). Profit margin: 26% (up from 20% in FY 2020). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 7.0%, compared to a 14% growth forecast for the retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. 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 German dividend payers (3.3%). Higher than average of industry peers (2.2%). 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 German dividend payers (3.2%). Higher than average of industry peers (2.4%). 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 but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Upcoming Dividend • Jul 14
Upcoming dividend of €0.47 per share Eligible shareholders must have bought the stock before 20 July 2021. Payment date: 26 July 2021. Trailing yield: 4.5%. Within top quartile of German dividend payers (3.1%). Higher than average of industry peers (2.3%). Reported Earnings • Apr 17
Full year 2020 earnings released: EPS €1.02 (vs €1.31 in FY 2019) The company reported a poor full year result with weaker earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: €694.0m (down 18% from FY 2019). Net income: €138.7m (down 22% from FY 2019). Profit margin: 20% (in line with FY 2019). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Is New 90 Day High Low • Mar 11
New 90-day high: €15.20 The company is up 3.0% from its price of €14.76 on 10 December 2020. The German market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Specialty Retail industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €5.35 per share. Is New 90 Day High Low • Feb 03
New 90-day low: €12.75 The company is down 4.0% from its price of €13.22 on 04 November 2020. The German market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Specialty Retail industry, which is up 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €5.37 per share. Valuation Update With 7 Day Price Move • Nov 11
Market bids up stock over the past week After last week's 17% share price gain to €15.19, the stock is trading at a trailing P/E ratio of 9.5x, up from the previous P/E ratio of 8.1x. This compares to an average P/E of 18x in the Specialty Retail industry in Europe. Total returns to shareholders over the past three years are 31%. Is New 90 Day High Low • Oct 19
New 90-day low: €12.86 The company is down 21% from its price of €16.28 on 21 July 2020. The German market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Specialty Retail industry, which is up 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €4.80 per share. Is New 90 Day High Low • Sep 29
New 90-day low: €14.30 The company is down 9.0% from its price of €15.69 on 01 July 2020. The German market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Specialty Retail industry, which is up 22% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €5.64 per share. Reported Earnings • Sep 19
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. 
