Cyprus’ government announced a package of measures to support livestock farmers

Markets:

Bally’s Intralot announced its preliminary results for the twelve-month period ended 31 December 2025. Group revenue reached EUR 520.6mn in FY25 (+35.5% y-o-y), driven by the acquisition of Bally’s International Interactive in Q4 2025. Profit after tax stood at EUR 150mn. Management intends to recommend to the Annual General Meeting a dividend distribution of approximately EUR 30mn from previously undistributed profits. Additionally, following the publication of the six-month results ending 30 June 2026, the company plans to consider an interim dividend based on projected 2026 performance.
Source: athexgroup.gr

Macro/Political:

Cyprus President Nikos Christodoulides announced that the government has approved a package of measures to support livestock farmers affected by the outbreak of Foot-and-mouth disease. Speaking during a meeting of the Council of Ministers at the Presidential Palace, he said the government has been supporting affected farmers from the outset. As part of the response, the government had already decided on March 5 to provide advance compensation of up to EUR 50,000 per farm, depending on the number of animals, provided that culling had taken place. The new decisions introduce a comprehensive support package aimed at three key objectives: full compensation for affected farmers, income support, and the rapid restart of livestock production.
Source: philenews.com