Toy and home retailer Jumbo on Tuesday reported an increase in sales of 17 percent in the first five-month period of the year, slowing from a 25-percent hike in the four-month period, compared to corresponding months in 2021.
Sales fell in May 2022 by 4.5 percent compared to the same month in 2021, as last year retailers were rebounding from pandemic lockdowns.
Additionally, disruptions caused by continuous lockdowns of ports in China due to Covid-19, along with strikes at Greek ports, worsened the supply of the market causing delays in the delivery of products.
The company’s management announced to shareholders-partners during a general assembly meeting that its intention is to maintain, in full, the dividend policy of 2021 for this year, paying a total dividend of 0.77 euros per share.
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