Pepco delivers record revenues as it warns on Red Sea disruption
Pepco Group, which owns Poundland in the UK and the Pepco and Dealz brands in Europe, has posted record first-quarter group revenues.
In the first financial quarter ending December 31, the value group posted revenues of €1.9bn (£1.63bn) and a constant currency revenue growth of 10.8% year on year.
Group like-for-like revenues declined by 2.3%, while Pepco’s like-for-like revenue declined by 3.7% against a “tough comparative period”.
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