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Mall Of Cyprus Posts Solid Growth Amid Stable Operational Outlook

by THEFUTURE.TEAM

September 30, 2025

The Mall of Cyprus (MC) Plc has demonstrated robust financial performance with an increase in both operating profit and net profit after tax for the first half of 2025, while maintaining its strategic course. The company, which continues to focus on leasing and granting usage rights for its Shacolas Emporium Park, reported stable revenue performance alongside improved profitability margins, signaling a cautious yet positive market stance.

Financial Performance And Key Metrics

In the first half of 2025, the company recorded revenue of €9,626,770, slightly down from €9,795,143 in the corresponding period of 2024. Despite this marginal decline in revenue, operational efficiency has improved as evidenced by an operating profit jump from €7,225,766 to €7,422,904. Net profit after tax also reflected this upward trend, rising from €4,442,866 to €4,750,965. Furthermore, the firm’s balance sheet has strengthened, with total assets increasing to €244,391,951 and net assets climbing to €120,809,851 as of June 30, 2025.

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Risk Management And Operational Stability

The board reiterated that there are no anticipated major changes in operations, financial position, or performance. Key risks remain consistent, including those arising from interest rate, credit, liquidity, and capital exposures. The company continues to mitigate these risks through rigorous management practices and board oversight. Specific challenges such as the variability in interest rates, particularly for long-term borrowings, are closely monitored, with all reported borrowings set at variable rates as disclosed in the financial statements.

Credit And Liquidity Safeguards

Credit risk is managed through comprehensive evaluation of the creditworthiness of lessees, with individual limits dynamically adjusted based on financial health and past performance. The company’s vigilance in liquidity management is evidenced by strong bank balances and controlled exposure to receivables and loans. This disciplined approach aims to ensure ongoing operational resilience and safeguard its liquidity position against potential market shifts.

Capital Management And Dividend Policy

MC Plc remains committed to an optimal capital structure that supports its long-term stability and shareholder returns. With a gearing ratio improved from 43.95% to 40.03%—supported by a reduction in net debt and an increase in total equity—the company continues to prioritize liquidity and capital efficiency. In alignment with its cautious approach, the board has currently advised against the payment of dividends.

Outlook Amid Geopolitical Uncertainty

Looking forward, the board does not foresee any significant changes or developments in the company’s operations or financial performance, despite external pressures such as inflationary trends and geopolitical tensions, including the Russia-Ukraine conflict. While these factors inject a level of uncertainty, the management’s proactive risk management framework is designed to navigate these complexities and preserve the company’s market position.

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EU Farm Output Prices Decline For The First Time In Nine Months

by THEFUTURE.TEAM

March 12, 2026

EU Market Adjustments Signal New Price Trends

Agricultural output prices across the European Union declined in the fourth quarter of 2025, marking a shift after several quarters of increases. Data from Eurostat shows that farm gate prices fell by 1.9% compared with the same period in 2024.

Crisis of Declining Prices In Select Markets

Cyprus recorded one of the more notable decreases in agricultural input costs among EU member states, with prices falling by 2.6% compared with Q4 2024. The reduction eased cost pressures for the local agricultural sector following periods of higher prices earlier in 2025. Across the EU, prices for goods and services consumed in agriculture remained relatively stable. Non-investment inputs such as energy, fertilisers and feedingstuffs showed limited overall changes during the quarter.

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Country-Specific Divergence In Price Movements

Eurostat data highlights considerable variation across member states. Fifteen EU countries recorded declines in agricultural output prices. Belgium registered the largest decrease at 12.9%, followed by Lithuania (8.2%) and Germany (6.0%). At the same time, twelve countries reported increases in output prices. Ireland recorded the strongest rise at 6.8%, followed by Slovenia (5.6%) and Malta (4.2%).

Stability In Agricultural Inputs Amid Commodity Shifts

Agricultural input prices also showed mixed developments. Eleven member states recorded declines, including Cyprus (2.6%), Belgium (2.1%) and Sweden (2.0%). Other countries experienced moderate increases, including Lithuania (4.2%), Ireland (3.3%) and Romania (2.5%). Among major agricultural commodities, milk prices declined by 4.1% while cereal prices fell by 8.9% across the EU. In contrast, fertilisers and soil improvers increased by 7.9%, reflecting continued volatility in input markets.

Outlook For EU Agriculture

The latest Eurostat data points to uneven price developments across the EU agricultural sector. While input prices remained broadly stable in many markets, movements in output prices varied significantly between member states. These trends highlight the need for farmers and policymakers to adapt to shifting commodity prices and changing cost structures across the European agricultural market.